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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 Apprenticeon Apr 18, 2024 11:56am
173 Views
Post# 35996075

Two questions to this interview - thx 🙏

Two questions to this interview - thx 🙏

https://www.bnnbloomberg.ca/regulations-won-t-stop-canopy-growth-from-u-s-expansion-says-ceo-1.2059281
 

I have 2 questions about the interview.

First

Can someone please listen carefully between 03:45 and 04:15. It's about the interview with DK in 2022.

Did he really said that CGC is striving for half of the American market's sales once the restructuring of the CGC Group (CGC & CUSA) is completed?

I'm not a native speaker and can't classify it correctly.

If that is true and they can get close to it, you could think about the long-term value.

 

Secondly

If STZ converts their shares into CUSA, they will no longer be tradable.

Does this mean that the number of CGC shares is reduced and therefore the SP increases?

 

Thanks and GLTA

 

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