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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 Rotalucepson Oct 31, 2022 10:31pm
136 Views
Post# 35061904

RE:RE:RE:One more question

RE:RE:RE:One more question
Homestretch4me wrote: Do you live under a rock. They are entering the US now.

Rotaluceps wrote:
Homestretch4me wrote:
Who who was it that said canopy is years and years away from getting into the US?


The CEO himself said it in a way with the measure he took to try to enter the US. Even then, he also said it would not be before. So it is still years away. Then 2024 is not a sure thing. Then by 2024 the legalisation could have passed.

Why it is so slow? The donation from beer companies and big pharma among other things. .




Now? Let's be honest, it is always a lot longer with all these regulations. Deals take time, it will be interesting to see how much money they will spend to stay afloat for the next 2-3 years without profit. 

Canopy Growth speeding entry into US cannabis market, but full approval might stretch into 2024


Canopy Growth speeding entry into US cannabis market, but full approval might stretch into 2024 (mjbizdaily.com)

However, that could take up to 1½ years as investor and regulatory approvals are sought.

But the Acreage acquisition – a key part of the deal – isn’t expected to completely close until late calendar 2023 or early 2024, a Canopy spokesperson told MJBizDaily.



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