Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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 > disclosures on wana etc

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Comment by BrokerGon Feb 09, 2024 1:53pm

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Post# 35872772

RE:disclosures on wana etc

Another brutal day in the life of Canopy shareholders. Which infortunately I am one of.

The reason we are down yet again today is Canopy did not come close to paying off debt, as this board discussed on numerous occasions.

Debt- Short term = $91 million
-Long term = $520 Milion
Cash and short term inverstment = $185 million

Net debt = $426 Million. Has gone down but not as much as cash as gone down and excessively high for a penny stock company. BAD Management.
Klein mentioned today, that the next debt payment is due Sept 2025. It is my view that unless US reschedules and/or Safe Banking comes we are out of business by that date.

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