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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 goldman777on Sep 07, 2023 1:38pm
137 Views
Post# 35624492

RE:And it will open and close even lower tomorrow.

RE:And it will open and close even lower tomorrow.
DeejayDG wrote: And it will open and close even lower tomorrow. The Friday sell off always happens without fail so that is why people are taking cream.

Stop watching woth your bag in your hand, take some profit while you can because it will open and close even lower tomorrow and you will cry that you didn't take some cream.

Usually I agree, Fridays` are sell day.

That being said I believe there is too much momentum in these plays when you consider we are on the cusp of bipartisan agreement south of the border.

This Friday`s session just might start off with a whimper but smart money will buy on weakness and tomorrow might be a painful lesson for those who seek a retraction.

Today is the day to get the last of the cheap shares - the majority of the float has landed into stronger hands and institutional buyers are lining up for when CGC breaks through the $1.00 mark with conviction.

Selling here and hoping for a big retraction is a risky move, you will be banging your head and chasing a smaller position next week
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