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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 Contrarian55on Aug 17, 2022 9:10pm
139 Views
Post# 34903730

RE:Short position is down to 11Mil

RE:Short position is down to 11Mil

that's only the public float.  STZ had 38%.  Pretty sad if STZ didn't short this down or lend their shares so they could scoop up those cheap shares.  Otherwise it means everyone sold, as one does with a bloated non profitable co with actually bad weed.  Quite the rally this last month.  Of course though, if one had been naked shorting, which got banned today in Canada, they probably would have known the ban was coming...quite the rally this last month.  My money is on STZ, is the USA side for volume.  


smallcaptdr wrote: We could be seeing shorts starting to cover their positions and that will always add to the volume the next short update should be out any day so expect to see 11Mil or 2.30% of the float change to a lower number. 

 

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