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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 Nov 20, 2023 6:20pm
201 Views
Post# 35745427

RE:RE:RE:RE:Dan Crospy BioSteel

RE:RE:RE:RE:Dan Crospy BioSteel Wrong again Geo,

There is no "downgrade" of the listing on the NasDaq, either they comply or they do not comply, it's pretty much black and white.

Currently Canopy needs to get it's SP back up over $1 USD for 10 trading days in a row.  According to DeepDive they have as late as Sept 2024 to accomplish this.

Book Value alone puts the SP back over $1 and that's just for it to trade on its value, nothing more.  

The market sets the price on shares, that's obvious, if the CEO himself set the price it would be back up around $50 bucks or higher where it was in the past.

You seem both concerned and confused on the topic.  Maybe wait to see if the SP does indeed get over $1 USD / $1.40 CDN (Apx) and then pick up some shares, maybe you will feel more comfortable it at that point.

Best Regards
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