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.

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Canopy Growth Corp > Canopy to Report Debt Free ???

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Comment by quinlashon Jan 18, 2024 1:39pm

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Post# 35834097

RE:RE:RE:RE:RE:RE:RE:Canopy to Report Debt Free ???

caretired1 wrote: There was a private placement of $50 million I think at $1.09 pre consolidation price and todays $35 million raised. I thought maybe some debt converted but I guess it was q2. Agree that debt remains but less than sept 30

Post-Consolidation for that $1.09 is $10.90, the value was done in US dollars so apx $15.15 CDN

Regardless of the conversions etc, the PPs appear to be getting smaller, that could be a good sign that the company simply doesn't need to do much now for raising additional funds.

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Corus reports Q1 profit drop in the face of falling revenue