Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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

Canopy Growth Corp > Will Limiting Naked Short Selling Benefit Canopy??

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon Aug 24, 2022 4:15pm

76 Views

Post# 34918047

RE:RE:Will Limiting Naked Short Selling Benefit Canopy??

quinlash wrote:

GreenTeam25 wrote: Will the Naked Short Selling Rule be a long-term catalyst?

This is actually a VERY interesting development for the Cannabis Sector as I suspect a heavy presense of Naked Shorts hitting the Canadian Cannabis Companies.

Without Naked Shorting larger traders and Hedge Funds will not have ready access to shares to dump on the market and drive the shareprice down, trip stops and scare others into letting their shares go at deep losses.

It would be very difficult to determine how Hedge Funds will manage the change or what it will mean to day-traders and short-term traders however long term investors should (IMHO) hold to their timelines and look forward to US Legalization (assuming that is what most are waiting on).

For reference here is the link to the Naked Short Report for WEED

Canopy Growth (WEED) Naked Short Report
https://nakedshortreport.com/company/weed

JMHO / DYODD

Q