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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 > THIS IS GOING TO GET UGLY
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Post by Starsearcher80 on Jan 05, 2022 4:05pm

THIS IS GOING TO GET UGLY

The Fed is now actively pulling the rug out from propping up the market.  The party is officially OVER. As for Weed, it will be nothing but roadkill.  It didn't have ANY upside in a massive market tailwind.  Now what do you think will happen when the market turns to a gail force headwind.  Today might give you a clue of what's to come.

CLICK HERE to read about the Fed move.
Comment by TheProphetElijah on Jan 06, 2022 9:10am
Not necessarily.  If rates are rising then economy is booming.  For stocks this could be a knee jerk reaction down, then back up.  Rates are so low they can rise for a couple years before taking a toll on stocks.  Then money pouring out of bonds could also boost equities.  In addition to flows coming from of bitcoin/cyrptos.
Comment by Starsearcher80 on Jan 06, 2022 9:49am
Fair comments worth considering. I think we're in new territory here.  I don't think the the economy across the bredth of the market is booming at all.  Rather, you hae ultra-large cap (FAANG) driving the market, and completely torquing the representation in the S&P.  It really isn't the S&P 500 anymore. Might as well call it the S&P 5. Additionally, you ...more  
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