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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 geodcanon Apr 09, 2024 5:45pm
170 Views
Post# 35980068

a little recognition from investors

a little recognition from investorsto wholesale their way in to some Canopy shares through the Acreage share swap deal.

Acreage shares have firmed up a bit and showing some volume for the potential of the Canopy/Acreage rto deal which is a way to get some shares of Canopy if you want to risk the swap deal being completed.

This isn't a recommendation, just an opportunity conditional on if Canopy completes the deal which they should if they have any intentions of doing business on US soil as Acreage is a bona-fide US MSO that could be incorporated for rapid setup and launch of all of those brands that have been market-tested in Canada and other countries too.

It was a good plan prior to the tweaking and revisiting under STZ's guidance and if the whole thing gets queered, STZ lending is in line to wind up with all of the spoils, at least, the way I understand it.

It is so complicated that I am not sure if the lawyers and beancounters understand it and what I do understand of it is that Constellation Brands struck at a very advantageous time to be able to rewrite a $4 billion C deal down to $38 million and a share swap.

Is there a will for the US politicians to pass fair legislation for the marijuana business in the US at the Federal level or do we continue paddling around in what is considered the pool?
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