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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 Mar 11, 2024 10:54am
89 Views
Post# 35926345

RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES

RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES
monte8 wrote: OK then, this is much clearer. Thanks!
So what I understand is as follows:
- the issuance of shares will be non-dilutive to shareholders
- existing shareholder now has that option to convert (one to one) over to the USA Canopy Growth shares.
- the 3 companies existing will one day be converted to Canopy USA shares as one large corporation. 


Monte,

Please do not consider my comments as the be all and end all on the subject. As noted, I am commenting based on my read of the news available.  I am not an employee or representative of Canopy Growth, I am a Retail Investor.

Never stop researching and confirming things for yourself.  

I would expect the CEO to do an interview this week on the subject.  If I am around I will post a link to SH for anyone who misses it but I would suggest keeping an eye on TDR or simply Google "Canopy CEO interview" each day to see if you can find it.


All the best,

Q





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