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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

Comment by Rotalucepson Jan 15, 2022 8:05pm
161 Views
Post# 34321037

RE:RE:RE:Hold tight just a little longer

RE:RE:RE:Hold tight just a little longer
Rotaluceps wrote:
DeepTrueShip wrote:
The best result often comes when you do absolutely nothing and make zero changes. Just buy a quality company and forget about it.

Always aim to take your emotion out of the equation because as good businesses grow your investment compounds but the key component is giving it time to do so. It is emotional buying and selling that often kills the key component of time invested in a quality company.

Try not to tinker and mess with it and give it the time to shine.

I like Canopy Growth because they have a crazy maze of integrated catalysts set up that are all ready to snap together as soon as it  is permissable for them to enter the U.S...

Like a Ship in a Bottle all ready to Rise up with the pull of that final string!!....Wait for It!!!

Having a huge big brother (Constellation) with deep pockets and deep connections i.e Massive distribution and beverage know how and partnerships like the recent one with Coke is a big advantage.

Just give it the time to shine...the entire sector is down but soon that wet blanket will be snapped off and our value that has been created over the last 7 years or so will quickly gain attention....the rides up are amazing!!







 


Canopy revenue declined since the four last quarters and are $4 millions less than a year ago. They all have this kind of problem, stalling revenue, not only canopy. Click financial above and put the Income statement on a quarterly basis. It is improbable that a  company would explode in revenue in this huge competitive market. Go to SQDC, OCS or any online stores, look at the number of competitors. Trulieve at least is profitable and I am not a buyer right now. The profit at the end will never be great with this competition. The ones fading away will still be competitors for a while until they go BK or are taken away for shares. 

They need good growing % of revenue to at least make a profit. To expand, they need a good % increase in profit, which mean a lot, lot more revenues on a quarterly basis. It doesn't happen and the Canadian population will not double anytime soon in this satured market by too many producers. 



Canopy Growth

iscal Year ends in Sep
CAD in Millions except per share data
  Sep 21 Jun 21 Mar 21 Dec 20 Sep 20
Total Revenue
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131.37 136.21 148.44 152.53 135.27

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