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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 geodcanon Dec 14, 2023 3:37pm
221 Views
Post# 35785319

Canopy's consolidation

Canopy's consolidationthat they triggered while on their way to being a US company was said to save the Nasdaq listing.

Interestingly, Curaleaf just listed on the TSX today!

https://stockhouse.com/news/press-releases/2023/12/14/curaleaf-announces-fulfilment-of-tsx-listing-conditions-and-date-of-commencement

Another interesting thing I picked up from the CURA interview was their enthusiasm for beverage skus and a bright future with them overtaking smokeables, all of this after Canopy closing their Canadian state of the art bottling facility, especially considering that STZ, imho, bought in to Canopy with cannabinoid infused beverages in mind.

Asset lean model, I guess, giving up what was supposed to be solid revenue doing value added production and STZ should have been able to get that happening successfully.

Then again, BioSteel definetely seemed premature and costly for Canopy's effort there!
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