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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 quinlashon Sep 20, 2023 3:19pm
116 Views
Post# 35645941

RE:RE:RE:Ponzi ? -> Nonsense Article

RE:RE:RE:Ponzi ? -> Nonsense Article
Oldweed wrote: Bare with me on this question as I always have trouble wrapping my head around shorting strategies. Is it possible that these new shares (at a lower price) cna be used to cover and replave previous shorted shares at a higher price? I so, would this give me the option to either increase my short count at a new lowere cover cost/contract and or reduce my risk by reducing my share count but maintain my short position? Any short experts out there that could shed light onif or how shorts may take advantage of the new available 50ml plus shares?


Yup.  If the ones who bought the shares are the same folks shorting then they could cover the short shares with the newly purchased Long position shares.  That's an option for Hedge Funds that smaller short position traders do not have access to (simply as they do not have such deep pockets).
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