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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 Coloradobuffon Jul 03, 2023 1:27pm
143 Views
Post# 35524941

RE:RE:Perfect DEADcat bounce.....

RE:RE:Perfect DEADcat bounce.....

Don't bother. You can't trust any short because it's easier psychologically to shake people out of their long positions. 

the reality is they are still talking about how the company blew through 4 billion and debt and cash flow. 

whereas the last three announcements have helped to reduce the debt, and the market is responding.

If they can sell biosteel to get back to 30% margins and reduce sg&a from 313 million to 150 million they will be fine. 

also, if they can amalgamate usa assets they are a 1 billion dollar company. It's risky but lots of reasons to be long under $1. Under 5$ not so much. 

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