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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

Post by geodcanon Sep 12, 2023 11:09pm
308 Views
Post# 35633019

Share volume is sensational

Share volume is sensationaland confirms lots of interest in Canopy.<br /> <br /> Shareprice is about the same as my first buys of the stock but the trade volume shows the amount of anticipation that the US is going to have a greenrush.<br /> <br /> If not, they will get there one State at a time!<br /> <br /> Rescheduling and SAFE are both positive but not the holy grail of legislation that is needed.<br /> <br /> A good part of the volume could be short players who are fearful that this is the tide turning for the better for the pot and hemp business in the US.<br /> <br /> Either way, sharevolume is strong and a little profit taking today is investors approaching this investment with a more reserved financial plan.&nbsp; I sold half my wife&#39;s shares of Canopy today at a triple and will sit on the rest and I may buy more if it comes back down enough.&nbsp; Long in the meantime.<br /> <br /> Either rescheduling or SAFE will help the new vice but legalizing at the Federal level will do the most.&nbsp; That is up to the regulators and politicians who have to do the work.&nbsp; They need to forsake job security, churning these issues over and over for writing some solid legislation that will allow the greatest Greenrush the world will ever see.<br /> <br /> A lot of volume shows investors are focused and hopefully this is going to be the bull section of the market as the talk is recession until inflation is put to 2%.<br /> <br /> In the good old days when I first bought in a big volume day was 5 million shares traded.&nbsp; I have recently seen over 300 million share trades day.<br /> <br /> Jmho but Canopy was the most beat down pot stock of signifigance and I think the newer leaned out light model is better positioned than ever to be in the winners circle with some serious government legislation getting passed.<br /> <br /> glta and dyodd<br /> <br /> <br />
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