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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Drug Manufacturers - Major Cannabis Cannabis
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

Canopy Growth Corp > Oh, we be gettin some Good News? Overdue, ya...
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Comment by UniqueKittyon Dec 18, 2024 2:37pm
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Post# 36368614

RE:Oh, we be gettin some Good News? Overdue, ya...

RE:Oh, we be gettin some Good News? Overdue, ya...

It's a few months away yet and I've learned not to rely on expectations of government support of any kind when it it come to Mj but yah, Canada's excise Tax on Mj has completely destroyed  the industry to date. 

That's why CGC / Weed has shifted their focus to the much larger US market. Of course predicting politics in the US is akin to reading tea leaves, now isn't it?

That said here's the article from Business of Cannabis:

https://businessofcannabis.com/canada-announces-plans-to-reform-cannabis-excise-tax-in-2025/#:~:text=Canada's%20excise%20tax%20on%20cannabis,products%20abroad%20to%20increase%20profits.

cheers

flat/dyodd

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