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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 Starsearcher80on Dec 19, 2022 2:00pm
176 Views
Post# 35180210

RE:$2's ARE NOW IN VIEW. GRAVITY & FEAR.

RE:$2's ARE NOW IN VIEW. GRAVITY & FEAR. I forgot to mention the other massive negative impacting the stock, that being the overall collapse now happening in the broader market.  People are now taking cover, and rightly so, with predictions of a further 20% drop to the S&P growing louder..  Few stocks will offer cover from this downturn.  Weed will offer NO cover at all.

Starsearcher80 wrote: Welcome to the effects of gravity and fear. The $2's are now within reach.  No more margin, so those people sell, dropping the stock further.  Then add in tax loss selling.  Another big drop.  Then add in the most potent factor of all.  Outright fear.  People, smart people, see the train coming and jump off the tracks.  Of course, there are those here who just see the approaching "pretty lights" and stay standing on the tracks. It never ends well.  Imho, there is now a VERY high probability this drop into the$2's will happen.  I've seen this movie before, and hoping it doesn't play out is most likely a fail.  Pla There is writing now clearly on the wall. Play smart.


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