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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 10:21am
134 Views
Post# 35629239

RE:The stock is cheap

RE:The stock is cheap
quinlash wrote: It's trading cheap on the fundamentals and all historical ratios as well as the comparable ratios of Tilray Brands (the best comparison stock imho).

This is why we are seeing price targets north of $10 being published now.

If you don't have the stomach for it then don't trade it, if you're patient and open to riding a Bull stock then DYODD and consider it

No one is going to hold your hand, it's your Risk/Reward 

The company hasn't made profit in YEARS...over 1 BILLION in debt...how do you expect it to hit 10 dollars...FOMO will push it up sure...but for how long before the fundamentals of the company catch up to the stock price...caution is advised as the seasoned traders will eat up the nobbs.
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