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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 Pedal2themetal7on Aug 21, 2023 6:56pm
163 Views
Post# 35598883

RE:RE:RE:Consolidation

RE:RE:RE:Consolidation

We're talking about a company that has made questionable moves for an extended period of time, hoping for a miracle on the US side while investors watched the SP crater. 

If it wasn't for one post a while back mentioning the consolidation up for vote in September most retail investors would not be aware of this potential strategy until after the vote. 

Artificial increase in SP for a company like this IMHO is a desperation move, and let's say they go ahead with a 15 X .55, or 10 X .55 with only the Canadian market to rely on, who would invest !!!

Sustained continuous organic growth, and achieving profitability I believe would instill some confidence back in the investing community. 

Time will tell, but it's been one bad news after another, and the investing community usually sees a spilt as a negative.

sit back and watch what happens. IMHO

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