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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 Jul 04, 2022 5:31pm
134 Views
Post# 34800268

RE:RE:Canopy Positive

RE:RE:Canopy PositiveAn opinion on an opinion assumed to be fact, may be the issue you are commenting on yp0, I would have to look at the actual article again to see more of what you may be looking at but the gist was what most on the board were saying was a big crisis...the facts are this is a positive as it clears debt without borrowing coin. They increase shares O/S which would be as bad as borrowing or worse, but the company's US expansion will dwarf the CDN operation and likely would/will be increasing shares O/S in every scenario...so no issue.

The prattle with and from the news, and the board, was trending collapse bullshite until the next morning I believe when articles were seeing the positive reality of this move by Klein and were singing a different tune...the news and the parsing of was a 180 once they read it over and understood.

What most miss daily, intentional or not, is all in the sector are having to deal with much the same situation to survive as a stand alone entity will be the impossible dream for most if not all and they will have to merge and/or acquire top shelf assets to survive and compete....most, more likely all will have to partner or sell once the US legal market starts to fire up, post Biden and cartels.

Canopy will be the top or one of the top survivors unless they choose not to compete and grow operations...they will have the bugs ironed out in CDN operations within the next qtr or two, along with profit realized. There is no other LP that has the depth, the assets and the ability to hang in and survive and thrive so far but that will change when legal is the rule south of the 49th, there will be others that will be able to survive and compete. Canopy may not be the largest in the end but will definitely be right up there and able to survive and thrive for the long term. JMHO...Opt


yp01048 wrote: This isant necessarily the best article.
They say that CGC might not be able to close te Wana and Jetty deals, and could ultimately walk away.
They say the same thing about CGC and that STZ could buy them out once they turn a profit.

"At this point, the Canopy Growth stock price seems awfully low, but we don’t bet the stock is a great performer until it begins to generate a profit. One positive outcome would be for the beverage business to become much more lucrative. We think this will not only improve the numbers, but this development could get Constellation to take them out modestly higher. Also, the ability to close those U.S. acquisitions would likely boost the numbers and raise the interest in acquisition for Constellation Brands."

I dont know how much "modestly higher" means, what $10? Agreed, and neither do they   

Starting to look like we will never see the highs of 2021. There is nothing in this info that is or come from 'in the know', it is all opinion.

I imagine if CGC closes on the acreage deals etc, and the consolidated revenue numbers start looking good, then yes, STZ will take them out. The only if will be if Canopy decides to get out of the cannabis business or it sees somthing untowrd with Acreage they had not seen prior.








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