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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 mrmomoon Oct 04, 2023 10:37am
285 Views
Post# 35668955

Rumors on the street.....

Rumors on the street.....Are that now that the "consolidation" & OTHER resolutions have been approved & passed by the majority of s/h, the company will be forging ahead with a "rumored" share consolidation of 15 to 1 AND converting almost 50% of their incumbering & toxic debtload. For those that DONT KNOW what this entails, this pretty much means that "EXISTING" s/h will be more or less totally WIPED OUT after both measures are completed. Which also means that as existing s/h are wiped, the current debtholders will be the NEW equity sharesholders of the restructured company..........

Gives a WHOLE new meaning to that old phrase........Sometihng OLD, Something NEW, Something borrowed AND current s/h are blue & F..........LOL


GLTA

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