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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 Dec 12, 2023 12:23pm
147 Views
Post# 35780138

RE:RE:RE:RE:RE:ACB in green

RE:RE:RE:RE:RE:ACB in green
Pedal2themetal7 wrote:

I'm patient from the outside looking in, and waiting to see what happens with the potential split.

They have until January to reach 1.00 Us for 10 consecutive days, if not they have to apply for an extension. If they do without initiating a split, they have until September 2024 to do so.

A lot of ifs and maybes for retail investors, especially after the pass 3 years. 

Seems like you have confidence in the current CEO, everyone is entitled to their opinions and beliefs.

IMHO
 



Of course.  I was questioning the guy too for sometime while I considered re-entering this one.  I even noted that investors would benefit from his replacement at one point. 

Based on what I see in the reports coming out under his management however I do see him as achieving his goals in streamlining the operation and driving out cost.  This all aligns with the message he conveys through his interviews.

In regards to the consolidation concern.  Others within the sector have been granted extensions by the NasDaq so I have no douth Canopy will get one as well.  Keep in mind that the NasDaq gets paid to host the shares so they are unlikely to make life hard on Canopy (and themselves) by not extending the timeline.


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