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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 geodcanon May 30, 2023 2:46pm
253 Views
Post# 35470814

The recent Indiva deal for Wana

The recent Indiva deal for Wanagummies between Canopy and Indiva doesn't strike me as WEED being on the ropes.

It looks just like a continuation of bargain basement shopping although I am confused about Indiva doing the manufacturing for Canadian supply of Wana gummies ( #1 gummie).

There is wording in there that Canopy has the right to manufacture same, possibly just a protectionist measure to insure supply of a winning sku in the event that Indiva doesn't survive.

This has STZ management influence all over it and doesn't seem like the actions of a failing company, but rather a company strengthening itself with others at discount prices.

The rebound potential of Canopy USA is huge and STZ thinks they can pull this off.

glta and dyodd
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