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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

Post by smallcaptdron Nov 14, 2022 4:23pm
196 Views
Post# 35097853

Been a money maker

Been a money makerLike I've said before, you can make money by buying and selling WEED, If and when energy stocks lose their appeal money will start to flow into other sectors that have been beaten up over the year or years and cannabis is one of those sectors. WEED is now trading at June high and with that,  we could see a day of selling which is needed with a market cap at $2.7Bil and massive debt $2Bil, plus revenues that are lower so we are starting to pay a premium price on shares and WEED was rated from a Buy to Hold at $4 so we are pushing the SP into unstable waters at $5.70 
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