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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 quinlashon Nov 15, 2023 1:50pm
138 Views
Post# 35737383

RE:RE:RE:RE:RE:once US approves Mamajuana

RE:RE:RE:RE:RE:once US approves Mamajuana"Close Enough" ?  Your margin of error appears very wide but as long as you invested enough research to justify your risk exposure (cash in play) then who am I to judge, it's YOUR money.

Anyhow, you may want to consider the obvious fact that Canopy is continuing to roll out new products (as evident again today).  I would put forward that, if the company was as cash strapped as everyone appears to believe then how are they doing Research and Development into building new products and bringing them to market ?

You see, the market can sometimes grossly over value a stock but it can also grossly undervalue a stock as well.  Your research into the MarketCap calculations is a nice first step to understanding fundamentals but I would encourage you to keep learning and research the Book Value numbers and EV Values.  If you want to get a bit more technical then you can also look into Historical Price to Sales Ratio numbers and compare those numbers to a similar company within the Sector.

Again, it's YOUR money which makes it YOUR responsibility to research.

Best Regards
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