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 4:02pm

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Post# 35873078

RE:RE:RE:disclosures on wana etc

To answer your question: Canopy purchased BioSteel and few other disasters, and expanded well beyond market demand. Not only did they blow through the 5 billion but they accumulated over 1 billion in debt. This debt is now at 420 million.

They have 18 months before next debt payment. They will not be able to make that payment without issuing more shares. The bottom line is simple- US rescheduling or legalization or BUST.

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