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 BrokerGon Jan 18, 2024 3:02pm

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

Getting back to the debt, since this is the area that will sink Canopy if not addressed. Are you saying,Apprentice, Canopy who paid $50 milliion for Biosteel, then accumulated $400 million in debt, afterwards? The CBC article says Biosteel had debts outstanding of $400 million. Why would anyone, assume that debt? and pay Canopy $30 million. Unless Biosteel declared bankruptcy and then was sold for $30 million.

The next financials should help answer that question, hopefully.

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