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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 > Beverages
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Post by BurlapSack on Jun 27, 2021 10:28pm

Beverages

I had some Deep Space today for the first time and I don't know what to say. It's an acquired taste and not in the good way. Beverages have been a bit of a bust in Canada and not growing by much in the states. The market share in California is 4% for drinks. When will it be safe to make a judgment on the call to go big on beverage?
Comment by FaultHappy1 on Jun 28, 2021 8:16am
It grows on you, but yeah drinks in. Canada generally suck. XMG and Canopy's ginger ale (really good, but low thc)
Comment by Qczar417 on Jun 28, 2021 9:37am
The new Quatreau drinks are a big hit for my wife ,  she has 1 or 2. Or maybe 3 on a crazy night and loves the effect ,   She was drinking White Claw but really prefers the Quatreau,  price wise it works out about the same , it's a good thing   anytime you can drink less alcohol and still have a great evening.   I'm still amazed how little most people know about ...more  
Comment by quinlash on Jun 28, 2021 10:25am
Enough to lay me out on the couch for hours *lol* Nice alternative to anti-inflams in my case, one drink can replace apx 3 to 4 beer so it's a win-win for me.
Comment by quinlash on Jun 28, 2021 10:29am
Cannabis is still an emerging market so producers are starting out with the Cannabis 2.0 products that their market research points to as being of the most interest to consumers first.  Drinks were high on that list and if you research Cannabis Infused Drinks you will find that there are new trade shows etc popping up just for Cannabis infused drinks.   IMHO drinks are "low ...more  
Comment by BurlapSack on Jun 28, 2021 1:18pm
I agree with you on the proposition of beverages. I think they SHOULD be more of a market share, but they arent. Lack of marketing, packaging restrictions and buying limits has really killed any momentum before it started.
Comment by geodcan on Jun 28, 2021 3:18pm
Yea, there's law and policy problems from our protectors and somebody mentioned quality and flavour aspects as well as effect problems with the first runs of infused beverages.  All true from my experience. Governments are making this a lot harder than it should be and very unfair to us as compared to Big Alcohol. I also feel that Canopy's thc infused were rushed and need a lot more ...more  
Comment by DSEEGS on Jun 29, 2021 3:24pm
Beverages are moving nicely . Its upto the budtenders to educate the public on the benefits of drinking rather than smoking . Our new Iced Teas are out now ,Tweed Raspberry Iced tea and Lemon Iced Tea . At 5mg THC per can its the perfect amount as there is not many options at 5mg.   As far as the Deep Space its still one of the top selling beverages sector wide. The Flavour is an Italian BRIO ...more  
Comment by BurlapSack on Jun 29, 2021 4:55pm
I will not be buying any more Deep Space. I was sick to my stomach after that. I will try other beverages, but the whole category is a crapp shoot. Most of the drinks taste gross, the effects are minimal and they're still by far the most expensive products. I was a huge believer in drinks when I first heard about them but they screwed up so bad that I don't think the category will ever ...more  
Comment by Homestretch4me on Jun 29, 2021 5:35pm
Sick to your stomach????? Methinks we have a drama queen here. Deepspace I find terrific. My favorite is Bakerstreet and ginger. Can't wait to try the iced tea drinks Also, drinks have been gaining market share and will continue to do so. Maybe take a Midol and have a little nappy.
Comment by BurlapSack on Jun 29, 2021 5:37pm
You were saying? Drinks actually lost market share. https://stratcann.com/2021/06/29/ontario-sold-nearly-100-million-grams-of-cannabis-last-year/
Comment by Qczar417 on Jun 29, 2021 6:39pm
Sick to your stomach ??  Lol,   I think you should perhaps stick to lite beer ,    I noticed you've been on several boards only bashing drinks ,   The deep space has a unique flavor for sure but people aren't buying it solely for the taste right?   The Quatreau drinks are actually quite good,  same for the baker street and ginger.   You're just ...more  
Comment by BurlapSack on Jun 29, 2021 6:43pm
How much has Canopy made on drinks? I can't find it in their financials because it's almost as if they are hiding how bad sales are.
Comment by Qczar417 on Jun 29, 2021 7:05pm
Try google burlap  I call someone who goes on multiple boards and assails only drinks a basher,   I guess you call it something else but whatever, but to answer your question ,  I guess they didn't hide it too well because it's right in front of you if you even bothered to look ,   They sold almost 900K Worth of beverages in q1.    Pretty good for a new ...more  
Comment by BurlapSack on Jun 29, 2021 7:24pm
900k... great. How long have they been on the market? How much did they pay for that giant facility? That doesn't seem like good use of resources. I'm a purist. I dont like beverages. That doesn't make me a basher.
Comment by Qczar417 on Jun 29, 2021 7:56pm
Go play with google Burlaphead,   You'll find the answers to all of life's little mysteries ,  off to Iggyland for you ! 
Comment by BurlapSack on Jun 29, 2021 10:19pm
Please don't ignore me. Burying your head in the sand when confronted with facts is a wise investment strategy.
Comment by Homestretch4me on Jun 30, 2021 12:37am
Listen here ballsack. You are not worth anyone's time here. There have been lots of trolls and bashers here over the years and you aren't even in the top 20. Take your ballsack with you to iggie mountain.
Comment by BurlapSack on Jun 30, 2021 8:30am
That's devastating. You called me a mean name and ignored me. I dont know what I'm going to do with my time in iggyland. Let's talk more about beverages. How much did Canopy burn on that facility and why on earth did they think Deep Space was a consumer product? It baffles my mind.
Comment by BurlapSack on Jun 29, 2021 6:59pm
I'm not bashing either. I'm telling people that weed drinks are bad business idea. Like cigarettes flavored chips.
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