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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 Feb 10, 2024 10:17am
380 Views
Post# 35873705

Canopy's News on US Expansion

Canopy's News on US Expansion My understanding is that next week we will see an update on the US expansion by the company and that by April they will have it in place.  

I also seen mention (either the CEO or TDR) that once this is done the assets and cash flow from current US based operations will finally start appearing under one ticker. 

Everyone should be concerned with debt but not to the extent of overlooking sales figures and progress towards paying off that debt, both of which appear to be improving based on the report yesterday. 

As suspected their new product rollouts contributed to a better than expected sales figure and sales coming in over analysts expectations.

The Dales Report on YouTube did several videos on canopy's US expansion strategy over the last year. Yesterday they hosted an interview with the CEO which revealed more information.

Forums can be poison to the brain if you take them too seriously. I would strongly suggest checking TDR or similar channels which appear to present balanced viewpoints and real facts 







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