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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 3:42pm
124 Views
Post# 35646011

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

RE:RE:RE:RE:RE:Ponzi ? -> Nonsense Article
Oldweed wrote: So they can basically ride this down with no risk as long as the have access to new shares. That said the 1st 25 mil is done and there is an option for another 25+. So possibky at least 1 more leg down at little risk to short, yeesh.


No, there is always risk, doesn't matter if the trade is short or long.  The shorts have to contend with the risk of something happening in the market and a swarm of new investors coming in or others covering before they get a chance to.  

The SAFE banking ACT vote is one such example.  If that goes through we are likely looking at every tom "richard" and harry coming in to chase shares, that will push the shorts into covery / buying back at whatever price they can get.. assuming there are sellers willing to let go of their shares.
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