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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 lou64on Nov 04, 2022 1:56pm
109 Views
Post# 35073867

RE:RE:RE:RE:Starcrapper is MIA

RE:RE:RE:RE:Starcrapper is MIAThe fool is Homeboy and if you listen to his advice? Then you WILL LOSE !

here what happens after a delisting and some trading house will refuse to trade those shares over the counter @ a deep discount ... there will be a large gap between bid and ask ... when I post the new coverage about analyst putting a price target of $ 1.50 ... I'd wager on they calculated in their equation on valuation of what Canopy is worth via NASDAQ delisted ... 

I believe people No be extremely wary of individuals calling out exactly whom is the fool that is providing false information ... Pump Pump Pump in hope you buy instead of selling and a try on recouping that lose ?

How to sell a delisted stock

If you are aware of the possibility that a company may be delisted, choosing to sell your stock is probably a wise move. Involuntary delisting and the events leading up to it lower a company's value, and, if bankruptcy occurs, there's a good chance of losing your entire investment. When a stock is delisted as part of a merger or due to the company being taken private, you have limited time to sell your shares before they are converted into cash or exchanged for the acquiring company's stock at a predetermined conversion rate.

While you can still sell your shares when a company trades over the counter, the bid/ask spreads may be relatively wide, meaning that buyers willing to pay your desired price are scarce. Although some brokerages restrict such OTC transactions, you generally can sell a delisted stock just as you would a stock that trades on an exchange. A delisted stock can continue to trade over the counter for years, even if the company files for bankruptcy.

In case you think that buying delisted stocks represents a bargain, this pitfall is best avoided. These companies are often in the process of bankruptcy or are severely financially challenged and tend to trade like penny stocks.

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