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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 shenty46on Sep 28, 2023 10:06pm
168 Views
Post# 35660801

Going through

Going throughGoing through cannabis stocks, i found SNDL, as the cheapest as well as the stock with the most potential. Few things which i liked about it:

1. No debt
2. Almost one billion in sales(almost 90 percent revenue from  retail in alcohol and cannabis)
3.Launch of sunstream USA( Parallel cannabis already in with 250 million approx yearly sales, and skymint to follow soon with almost 250 million sales, so almost half billion Usa cannabis revenue compaies, with negligible debt)
4. Strategic agreement with net profit generating Nova cannabis to be completed soon, Sndl may reward its shareholders with some sort of stock dividend after this deal.
Lots of cash in hand

I have added 70000 SNDL at the average price of 2 dollars.
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