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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 Homestretch4meon Aug 25, 2022 12:36pm
108 Views
Post# 34920155

RE:SO WHAT HAS DRIVEN THE RISE?

RE:SO WHAT HAS DRIVEN THE RISE?Remember your post where you said we'd never see $5 again. That along with your multiple incorrect bankruptcy date calls makes you wrong many many times.
Starsearcher80 wrote: The rise from$3.00 has been interesting to watch. I would not want any part of it, as the basic arguments remain in place.. the Company is a mess, they are burning through cash at an unsustainable rate, and nothing is going to happen in the U.S. Personally, I think two things have provided this temporary rise, a combination of deadcat bounce and possibly some naked short covering given that fair warning that this practice will end. (A good thing for all Canadian stocks) So while the rise was noted, I think the top of this effect was seen this morning. From here, the realities of the company will return to what drives the share price. And on that front, it remains nothing but a complete disaster that has zero chance of improving.


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