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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 Traderstock101on Nov 28, 2023 1:50pm
136 Views
Post# 35756783

RE:Temporary Ban on Short Selling

RE:Temporary Ban on Short Selling
As a deeply concerned Canadian investor, I am witnessing the devastating impact of short selling on our stock markets. Every day, investors and issuers across Canada are losing millions of dollars due to this practice. This is not just an abstract economic issue - it affects real people's lives and livelihoods.
 
Short selling, a practice where traders sell stocks they do not own with the hope that the price will fall before they have to buy them back, can cause significant market volatility. In times of economic uncertainty or crisis, this volatility can be particularly damaging.
 
In 2008 during the global financial crisis, several countries including France and Italy temporarily banned short selling to stabilize their markets (source: Financial Times). The measure was controversial but effective in reducing market volatility during a period of extreme uncertainty.
 
In todays current economic climate countries are again temporarily banning short selling including - most recently - South Korea.
 
With the daily losses experienced by Canadian investors and issuers due to short selling practices, I believe it is time for Canada to consider similar measures. A temporary ban on short selling could provide much-needed stability for our markets and protect Canadians' investments.
 
 
I urge all Canadians who care about our economy's health and fairness in our financial systems to join me in calling for this temporary ban. Please sign this petition today!

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