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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 quinlashon Aug 18, 2022 11:27am
120 Views
Post# 34904851

RE:RE:RE:Canopy Growth to buy back Shares ?

RE:RE:RE:Canopy Growth to buy back Shares ?
yp01048 wrote: That is not happening. They need money for expansion,  and would not be wasting it on buybacks!


If they have the production capacity already built that they need for awhile (or added capacity through partnerships and acquistions) then they have no need for additional expansion at this time.  What the company needs to do is attract new investors and retain current investors.

I have seen nothing to indicate a share buy-back but honestly it's not a bad idea in order to win investor confidence and raise the shareprice

JMHO
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