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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 OptGreenon Jan 19, 2022 3:21pm
199 Views
Post# 34334290

RE:In a Nutshell

RE:In a NutshellYou want to look at the sector TD2, they are all down significantly....none have realized profit to date and some may never be profitable and while Canopy planned for profit realized in current quarter only time will tell. FQ3/22 report, due in a few weeks, will provide more clarity of where they were as of Dec 31/21 and where they plan to be going forward.

The current SP has been manipulated by big coin short selling the stock relentlessly for months, which is the case for much of the sector as well....profit realized with the ability to continue that trend and increase profits going forward will see the SP rise along with the end to the short selling as the balance sheet continues.

Have a look at other company's balance sheets and all information available to compare and you will see which is the best option for healthy returns on your investment dollar. All the best  to you and expect you will own WEED soon. JMHO...Opt


TheDog2 wrote: can someone please describe the reason for such a downfall by this company?


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