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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 25, 2024 11:25am
226 Views
Post# 35845066

RE:RE:RE:What will happen

RE:RE:RE:What will happenThe QTR report that is coming up can be expected to show a marked reduction in expenses (at minimum) through the sale of BioSteel which accounted for upwards of 60% of the expenses being incurred by Canopy Growth.

Canopy also sold off non-core operations and raised $35 Million in a Private Placement.  These two facts will contribute to cash position and further debt reduction.

I would strongly recommend you pull together your own estimates as to how much each will contribute to the final numbers before making any assumption on a price movement once the actual report is made available to the market.

In addition, I would suggest going to YouTube to look up the Canopy Growth CEO interviews.  In those you will hear what objectives the CEO is setting out and then be able to review the last 4 to 6 reports to indeed confirm for yourself if he is indeed making progress against his goals.

Don't worry about the Shareprice, this is set by the market, not by the Company / CEO.  Sometimes the market sets a shareprice grossly low for extended periods of time. This simply presents opportunities to those who take the time to research and idenify where these situations are actually taking place.






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