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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 quinlashon Jan 23, 2024 1:26pm
276 Views
Post# 35841209

RE:RE:RE:Bring on those earnings

RE:RE:RE:Bring on those earningsIf you're wondering what "may" be the cause of the movement today then all I can do is offer a few points of speculation:

1) The Cannabis Rescheduleing Letter finally be released (in detail)

2) Canopy is close to issuing a new QTR report (one with greatly reduced expenses as minimum).

3) DeSantis (GoP) is talking about Cannabis Legalization vote for FL

4) This one is technical - A reduced float / lower sharecount on the shares being traded could be tipping short position margin ratios and forceing some larger short positions to be closed -> this translates to buying activity.

5) I guess we could speculate that Insiders are buying but I usually get a notifcation on that and I haven't seen one yet.


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