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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 > Inflation
View:
Post by OptGreen on Jul 16, 2021 3:06pm

Inflation

Buffett says we are well protected with CGC/ STZ for the coming inflation, with consumer prices rising at the highest rate in more than a decade...Coke the stalwart and cannabis the 'new and improved' going forward. JMHO...Opt

The 2 things Warren Buffett calls 'the best protection against inflation' (msn.com)
Comment by Rotaluceps on Jul 17, 2021 9:50am
You obviously didn't read the article. He said to invest in well established "profitable" companies,  unlike the companies in the cannabis industry. Investors in CGC shouldn't worry about inflation, but how low the price of CGC will go, so others Canadian companies.  Jefferies said there would be no legalistion at the Fed level in the US until 2026. Even if I think it ...more  
Comment by OptGreen on Jul 17, 2021 2:47pm
You either don't understand or you are looking at a different article there Rot, besides the bullshite you added....Buffett uses Coca Cola as an inflation proof investment, see connection below. As Biden collapsed the US economy, inflation is going through the roof. His first thing one can do is find their A game and bring it, be the best you can be at what you do, obviously this is not an ...more  
Comment by biggerr on Jul 17, 2021 8:09pm
I read a few days ago that Dems in the US are planning soon to introduce legislation to legalize pot according to Schumer, but there was no reaction in the market and pot stock dropped even more. Anybody knows what's going on?
Comment by YodaLayhehoo on Jul 18, 2021 1:11pm
He doesn't have enough votes for it to pass. The market is saying it will never see the light of day. Biden has said he doesn't support legalization. Things are looking grim at the moment. This could change quickly but if you're looking to put new money in its likely best to wait and miss the first 10-15% upside. If it does get passed in some kind of miracle you can likely buy that ...more  
Comment by OptGreen on Jul 18, 2021 2:43pm
This complete load of bullshite on Sunday Yo Yo, have you no shame?....as of dated article below 47 states plus DC have legalized MJ, of which includes 98.6% of the US population. Biden and Schumer are just trying to dupe the unaware and the not that bright into voting for them, if they are forced into a fair election. Klein is hoping to see federal legalization or decriminaliztion over the next ...more  
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