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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Post by Starsearcher80on Nov 19, 2021 11:11am
337 Views
Post# 34145688

COULD CANOPY FAIL??

COULD CANOPY FAIL??You know, I didn't think I would ever entertain the thought that Canopy could actually fail, but a review of all considerations at this point now make this a very real possibility. Again, look no further than Nortel, and the similarities are downright scary. Cash burn that is completely unsustainable. Overbuilding capacity that is not needed. Products that completely missed the mark. Firings of the most senior management. The red flags are ALL there people. Like Nortel, the company was consumed by its own bravado and ultimate incapacity to reposition before it was crushed under its own weight. Could this happen to Canopy?? I now suggest that this is now FULLY within the realm of possibility. Imho, the company now exhibits all the red flags of "dead man walking." Sorry longs. I know you want different, but you need to hear and consider that this possibility is now out there.
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