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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 26, 2024 5:40pm
149 Views
Post# 35954079

RE:Re;$900 marketcap

RE:Re;$900 marketcapDon't get me wrong, I have no issue with looking over as many estimates as I can find.  I have noticed some sites are not current (as in outdated by months) and (at times) the currency isn't immediately obvious so I would caution everyone to be mindful of those issues.  

What I am considering is recent changes within the market which are likely not accounted for in any forecasted estimates

1). Germany Legalized

Companies like Canopy, Tilray and Aurora (?) have established operations in county so they stand to benefit now. This change is not accounted for.

2) Canopy USA is being voted on here in the next couple of weeks which will likely make the stock more interesting to Institutional investors who are waiting to see this finally addressed.  

3) Comments by US Federal Government came out backing rescheduling Cannabis ASAP.  Speculation on this drives interest and can drive shareprice.  This is difficult to quantify however again I do not see any allowance in published estimates to account for it 

There are other considerations as well but I will leave it here with the three most obvious that everyone is likely considering.



















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