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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 mrmomoon May 26, 2022 10:22am
213 Views
Post# 34708910

T - 1...& time is almost up........

T - 1...& time is almost up........How bad will it be? Imo, pretty bad. Just based on Ayr Welllness recently, which is a vastly better managed and more financially stable company and peer company Aurora's results, both companies had a horrible quarter. That alone should give you an idea of what's to come. Luckily for Weed that the general markets have recovered a bit, which has helped somewhat by stopping the bleeding and provinding some added padding to absorb the big hit tommorow.

My guess......a huge operating loss, maybe a record breaking one, with costs running wild and some huge impairmnet charges giving Canopy a more than 1B loss. And that's the good news.

Btw, remember folks, don't forget your goggles.......

GTLA
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