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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 > CANOPY JUST GOT DOWNGRADED TO UNDERWEIGHT
View:
Post by Starsearcher80 on Dec 20, 2021 10:09am

CANOPY JUST GOT DOWNGRADED TO UNDERWEIGHT

From Neutral to UNDERWEIGHT.

Underweight?  Even at these "bargain" prices??

Read between the lines people.

NORTEL

CLICK HERE to see the downgrade
Comment by 1condor on Dec 20, 2021 12:30pm
In case most dont realize this....underweight is just a less harsh term used in place of a Sell rating. 
Comment by Starsearcher80 on Dec 20, 2021 12:42pm
I've never liked the coded language a lot of brokerages use.  To further translate, "Neutral" means sell.  Sell/underweight means "Get the Hell out now".
Comment by FiddyFiddyOddz on Dec 20, 2021 1:36pm
09:06 AM EST, 12/20/2021 (MT Newswires) -- Piper Sandler overnight Sunday downgraded Canopy Growth (WEED.TO) to Underweight from Neutral and cut its target to US$7 from US$11, saying there is room for an even greater downside to the company's shares as sales trends remain under pressure across its businesses. The investment bank said analysis of the cannabis company's divisions suggests ...more  
Comment by FiddyFiddyOddz on Dec 20, 2021 2:07pm
7 dollars USD target price, what's that work out to, like 9 bucks Canadian ? LOOK OUT BELOOOOOOOOOOOOOW    ! ! ! ! ! Fiddy wrote:"Piper Sandler overnight Sunday downgraded Canopy Growth (WEED.TO) to Underweight from Neutral and cut its target to US$7 from US$11"
Comment by biggerr on Dec 20, 2021 2:20pm
These fools should have known that the weed business is a low-entry barrier business, anybody who has land can growi pot on it, and they would have lots of competition. I would suggest they start growing produce in some of their greenhouses while they still have them, hee
Comment by whateveryousay on Dec 20, 2021 3:16pm
The bigger issue is that WEED ACB and many other greedy amateur management teams paid billions for almost valueless additional growing capacity making hundreds of lucky cannabis licesnse holders millionaires with shareholders cash.They also thought that they could wipe out the illegal market with low grade dirt weed.They along with almost all of the big cap players only sold about 20% of their ...more  
Comment by Starsearcher80 on Dec 20, 2021 3:40pm
Absolutely correct on all fronts.
Comment by ThePopeIsDope2 on Dec 20, 2021 3:53pm
Comment by ThePopeIsDope2 on Dec 20, 2021 3:54pm
Great post..most here will take this as a bash...lol
Comment by juniorbullalive on Dec 21, 2021 7:49am
This post has been removed in accordance with Community Policy
Comment by ThePopeIsDope2 on Dec 21, 2021 10:39am
Go easy on these people, they do not know any better...they will most likely take this as a bash and buy up more...Merry Christmas to them anyways...
Comment by quinlash on Dec 21, 2021 12:29pm
Market sets the price, right now the market is pricing the shares of Canopy higher. Just goes to show you how much the analysts know
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