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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 Mar 11, 2024 1:55pm
121 Views
Post# 35926802

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GRO

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROThat would depend on your research and future outlook for the Cannabis market in the US.  

Canopy is an international licensed cannabis producer with supply agreements in place overseas.  They have Canopy Medical already in place in Germany and may possibly benefit nicely from their recent decision to legalize. 

Legalization in the US is progressing on a state level basis very well with many simply giving US legalization being a matter of WHEN vs IF.  

Once the Canopy vote completes this month we will know if shareholders are in favor (as a majority) of consolidating the US operators under one set of shares.  

Those shares are independent of existing shares so the company offers a 1 to 1 conversion to Canopy USA shares for those interested.

Details on the value to convert are still scant (IMHO) so hopefully any pending news release from the company captures that value story.












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