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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Drug Manufacturers - Major Cannabis Cannabis
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

Canopy Growth Corp > Someone Just Bet $50 Mil on CGC
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Comment by Coloradobuffon Sep 18, 2023 12:59pm
130 Views
Post# 35641647

RE:RE:RE:Someone Just Bet $50 Mil on CGC

RE:RE:RE:Someone Just Bet $50 Mil on CGC

That's one way of looking at it....another way could be...
1. No reverse split 
2. Locked in floor price of 1.09$ to eliminate short term nasdaq delisting
3. Raising money at more optimal time as their share price was .39 3 weeks ago. 

that said I don't like the timing of this and you could be right. 
 

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