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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 dart321on Apr 06, 2023 12:05pm
250 Views
Post# 35383208

Economics 101

Economics 101this has direct impack on all stocks. #1- shipping goods by ship ( imports and exports ) down 39%. #2- Warehouse storage is almost at capacity, the build up of goods stored in warehouses ready to move to retail stores is up 48%. #3- the trucking of these goods to retail stores is down 52%  telling us the future sales numbers of the big retial stores are going to be racheted down hitting the bottom lines big time. This is how you track future earnings it starts will the reduced shipping on the high seas then continues with the buildup of stored goods the progresses to lower sales. Six months later the layoffs start building. At some point in the not to distant future these big blue chip companies holding these goods in warehouses will have to start to fire sales these goods of face massive storage charges on goods they my go out of favour or parishable goods go bad. This is how resessions always start the bigger the build up the stronger and longer the recession. Just a note, this goods buildup is the biggest they have ever seen.
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