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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Ontario’s new marijuana rule
View:
Post by lou64 on Jan 09, 2021 10:31am

Ontario’s new marijuana rule

WILL CREATE ANOTHER ROUND OF " WRITE-OFFS / GOOD WILL WRITE-DOWNS " !!!

These LARGE PRODUCERS " ALL " have lame lines of weed products ... meaning existing product returns and investment in these lines being SCRAPPED or shelved

xpect more WRITE-OFFS and pressure on more rounds of quarterly earnings
Comment by DSEEGS on Jan 09, 2021 12:08pm
Lisa Campbell, chief executive officer of Mercari Agency Ltd., a cannabis sales and marketing firm, said the new craft rules will help entice consumers to the legal market.  "Over the next quarter, we expect a huge power shift, which will ultimately lead to greater product diversity. Some of the bigger players in cannabis will see a huge reduction in the market share they promised to ...more  
Comment by charliebitmyfin on Jan 10, 2021 3:45am
cannabis in beverages has not and will never amount to much
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