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 > i expect SP double from here in weeks in best scenario

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Post by mingzhuon Jun 23, 2023 5:20pm

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Post# 35512161

i expect SP double from here in weeks in best scenario

here is why.
BioStell bad news came out on May 23 when SP was $1.41. It overstated $14m revenue, the market cap last $386m. Today's trading volume was second highest ever. The highest was on May 23 when BioSteel problem came out. People were just carried away by their emotions. MorningStar put WEED fair value to $8 https://www.morningstar.ca/ca/news/232016/why-is-canopy-growth-stock-so-cheap.aspx. That is a dream without national legalization in US. But ithe fair value certainly is 0.68.

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