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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 cannabiscon Apr 28, 2022 5:44am
184 Views
Post# 34637900

Ships going down

Ships going down 2022 - the Year of the Canadian Cannabis Layoffs. With no more government COVID money to prop up the Income Statement, you will see more employees fired than a binge watching session of The Apprentice. All under the faade of a path to profitability - do not be fooled. Look at the trajectory on net revenue - look at the operational gross margin - look at their core value proposition. Do the math - do the strategic evaluation. You will see that the cost cutting will result in huge confusion and chaos - massive loss of employee morale - any good employees still there looking to get out. And a drop in sales - good companies have trouble growing-while-cutting, and these are nowhere near good companies. These cannabis companies simply do not do anything particularly well that results in sustainable, profitable sales growth - if they did, they wouldn't be in this sad position. I know many of you have money invested in these pantloads - you want, no, need them to be successful. Sorry, but wishing and hoping won't amount to anything - and neither will they.
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