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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 caretired1on Oct 27, 2022 8:45pm
184 Views
Post# 35054820

RE:Klein & STDZ: Oops I Did Again

RE:Klein & STDZ: Oops I Did Again

This position is too extreme. 
canopy wants 2 things here. 1 they want to put these companies together in a way they can start to create synergies and growth amongst them. Nasdaq doesn't care about this and away canopy goes on this front
2 canopy wants the world to see the financial results of these companies so their stock value gets some lift. They currently can't disclose results of acre wana etc because they don't yet own them. Once they own them, for accounting they don't have to consolidate them if nasdaq objects but they could choose to make all the financial results of these companies available when canopy reports their results the way they do now and then explain but ya we also own these other companies and look how well they're doing. If nasdaq absolutely objects to consolidating the canopy US results, there is a work around in the quarterly reporting for canopy that will get them pretty much to where they want and still stay nasdaq listed I believe 

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