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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 gladiatoroon Sep 11, 2023 9:38am
150 Views
Post# 35629104

RE:$1 USD... FOMO...

RE:$1 USD... FOMO...
BudFoxx2020 wrote: Easy money.  Fomo trade with stonk potential.  Like I said this is a meme stock now.  The potential here can be crazy.  Just don't get left holding the bag.  Don't sell a Fomo stock until the trend reverse, which will be very easy to spot.  If this turn into a reddit pump, the potential is unlimited, risk is .70 cents at worse.  Just my 0.02 cents.  Exactly like I thought would happen.  Cheers all.
Comment by BudFoxx2020on Sep 06, 2023 6:58pm
71 Views 
Post# 35622983

RE:RE:RE:RE:RE:RE:RE:RE:RE:Question

The stock is definitely getting the meme treatment and this is the easiest and fastest way to make money by trading it.  I am looking for a run into $1 USD and depending on the news coming out of the U.S. I will trade accordingly.  I am not even telling people not to buy, I am just posting a trading strategy.  Cheers. 
Comment by BudFoxx2020on Sep 06, 2023 3:55pm
109 Views 
Post# 35622570

RE:Question

FOMO.  All about the pump.  This is not an investment but a trade.  Just watch it close and keep your fingers ready at the sell button, greed is running the stock right now because of the cheap share price.  As soon as they announce the reverse split, this stock will tank 20% to 30% before the markets even open, this is how the sheeps will get slaughtered by the pros.  In the mean time take advantage of this pump with money you can afford to risk.  If I am to guess, they will try very hard to run this over $1 USD then another massive pump before the dump.  Thats how I am playing this trade.  Cheers.
Comment by BudFoxx2020on Sep 08, 2023 6:40pm
149 Views 
Post# 35627060

RE:RE:RE:RE:GREAT BACK AND FORTH TODAY

Anyways, like I have said, take advantage of this pump.  They will pump it up to $1 USD like I said when this was still in the 0.60s and 0.70s.  The best thing that can happen here is if this turns into a STONK.  The markets are due for one since Bed, bath and beyond blew up.  It meets all the criteria, rock bottom stock price, bankruptcy looming, loads of debts, big short interest, big volume, etc, etc.  Just be ready to hit that sell button and lock in your profits.  Don't get left holding the bag.  Just do it over and over again, there is going to be many pumps and dumps going forward.   So far the pump is still in going strong but my fingers are ready on the sell button.  Could see some fireworks next week if it breaks $1 USD but it is going to need more fuel, like any news on the legalization front.  Cheers all, see yah monday.

Canopy Growth ended Q1 with $571
million in cash and $1 billion in debt.
It aims to reduce debt to $437
million by the end of fiscal 2024. But
with a cash outflow of $151 million in
Q1, Canopy Growth will have to raise
additional capital and support its
cash burn rates, diluting shareholder
wealth in the process
Canopy Growth stock remains a
high-risk investment due to its weak
fundamentals, tepid top-line growth
estimates, and uninspiring profit
margins.

MASSIVE DEBT this is a PUMP and DUMP stock..be careful people.

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