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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 caretired1on Mar 11, 2024 11:17am
86 Views
Post# 35926409

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 SHARESI'm not sure of the 3rd point about all combining under 1 co.  I think they will buy all of the shares of each co but if CUSA is to be a listed company on Nasdaq, they can't consolidate them accounting wise - same issue as CGC has now.  Maybe they can amalagamate them legally?  Its unclear to me what the mechanics are.
Also, what benefit comes from converting to exchanegable shares?  CGC will control the shares of CUSA won't it? Will CUSA shares be listed so you get at value that waY??  Help...
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