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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 22, 2022 7:59pm
120 Views
Post# 34912871

RE:RE:Jefferies Expects Cash Flow Positive by 2026

RE:RE:Jefferies Expects Cash Flow Positive by 2026I am sure there will be some US MSOs that do well one the US Legalizes and there is one simple reason why i DO NOT invest in any of them...

Currently US MSO's have no access to banking therefore they deal in cash and hold their cash somewhere at their faciities / head offices or at some sort of 3rd party secure location.  You can invest in the best-ever US MSO but if that company gets hit by criminals then it's GAME OVER as their cash is gone and VERY LIKELY not federally insured against theft.   

The last Press Release I want to see if that a company I invested in is now broke because of a break-in.

Canadian Cannabis Producers have full access to banks and therefore have their cash reserves protected against such a risk. 
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