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.

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Canopy Growth Corp > THIS IS GOING TO GET UGLY

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Comment by Starsearcher80on Jan 06, 2022 9:49am

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Post# 34288639

RE:RE:THIS IS GOING TO GET UGLY

Fair comments worth considering.

I think we're in new territory here. I don't think the the economy across the bredth of the market is booming at all. Rather, you hae ultra-large cap (FAANG) driving the market, and completely torquing the representation in the S&P. It really isn't the S&P 500 anymore. Might as well call it the S&P 5.

Additionally, you have the Fed pouring gas on the fire pumping ridiculous money into the market to prop things up artifically. That is now ending. No gas, no fire. Then you have Governments ending covid handouts, which is also false economy. Then you have the masses entering the market over the past 2 years where everyone has money in, courtesy of RobinHood and the likes.

My point is, there are SO many props that are now going to end simultaneously. it will be ugly.

TheProphetElijah wrote:

Starsearcher80 wrote: The Fed is now actively pulling the rug out from propping up the market. The party is officially OVER. As for Weed, it will be nothing but roadkill. It didn't have ANY upside in a massive market tailwind. Now what do you think will happen when the market turns to a gail force headwind. Today might give you a clue of what's to come.

CLICK HERE to read about the Fed move.

Not necessarily. If rates are rising then economy is booming. For stocks this could be a knee jerk reaction down, then back up. Rates are so low they can rise for a couple years before taking a toll on stocks. Then money pouring out of bonds could also boost equities. In addition to flows coming from of bitcoin/cyrptos.