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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Cannabis
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

Canopy Growth Corp > Am I reading too much into this
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Comment by quinlashon Dec 09, 2022 10:46am
208 Views
Post# 35161616

RE:Am I reading too much into this

RE:Am I reading too much into this
Weednewbie wrote: So I caught this just now. Wonder why they would be in NYC on Monday aside from ringing opening bell... hmmmmmm

https://ca.finance.yahoo.com/news/canopy-growth-ring-nasdaq-opening-123000302.html




to me this is actually a pretty big deal.  Over the last few years I have read various articles noting the lack of respect the Cannabis companies have been getting on the floor at the NYSE and other large exchanges.  With Canopy ringing the bell for NASDAQ it could be a sign that the Cannabis companies are starting to get some credibility with large brokers / exchanges etc.

The Cannabis Market is going to be HUGE IMHO, I have no doubt about that what-so-ever, its a matter of time and patience.  Dollar Cost Averaging (non-leveraged) may be the best approach for investors to manage both risk and (due to big price swings on the daily / weekly / monthy charts)... one's own sanity :)
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