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.

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Canopy Growth Corp > Canada's canceled licenses

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Comment by BrokerGon May 02, 2024 6:57pm

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Post# 36020615

RE:Canada's canceled licenses

I think it is pretty obvious Tradinghands has shorted the stock and is trying to get everyone to sell.

Well guess what - he wins. There is no way possible this stock should have dropped today. MSO's index was up, even Tilray was up and we get clobbered another 10%. Even the guys on the DLR report can't understand why Canopy is dropping like a lead balloon.

Well it does not matter- shorts win. If I don't see I sizeable increase tomorrow I am out. Something is not right. The only reason I can see is that Canopy will be issuing shares and the market makers and hedge funds know it. I have absolutley no explanation for the drop today.

Any guesses?

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