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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 Jan 24, 2024 7:06pm
123 Views
Post# 35844051

RE:RE:Can one of the pump team explain

RE:RE:Can one of the pump team explainHere's where and when the money is, from a product view (based on my own opinion)

#1 - Flower / Smokables

#2 - Edibles (Gummies being top)

#3 - Infused Drinks (Carried by Canopy + Few Others)

#4 - Virtually everything else like Topicals, Bath Oils etc

Medical IMHO is a catagory all on it's own with each of the LPs having some level of Medical Cannabis Offerings.  Don't turn a blind eye to Medical Cannabis.  The margins are higher and the market is also huge.  The challenge and / or opportunity is that it's not "sexy" in the eyes of the market, meaning it's even more over-looked, than what Rec Cannabis is these days.

In regards to "pushing" Infused Beverages etc.  There isn't much they can do to "Push".  Canada has strick marketing rules and in the US Canopy (and all others) still need to navigate around Federal Restrictions. 

New product launches are good, it shows the company is still going after the market and investing in it however it's going to be awhile before we see Canopy Growth (or anyone) promoting it's products during the SuperBowl or during commerical breaks on TV.

It's coming, give it time.











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