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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 > Hey Star
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Post by Contrarian55 on Mar 10, 2022 5:40pm

Hey Star

Where's the bottom? What a unbelievable ugly chart.     Is it cash value?  Is cash value minus debt? ( then that's 0).  I see cron holding as cash value.  I read that the sector is uninvestable.  Even highly profitable mso's are getting hammered, but not like canopy.  It's an extra assault here.   Just curious where the bottom is.  Thanks
Comment by Starsearcher80 on Mar 10, 2022 7:15pm
Bluntly, I don't see Canopy surviving. There are so many red flags right now, it's hard to know even where to begin.  I'll take the time though to flesh out my thoughts. 1) The problem started with Bruce.  The mode back then was "the world is our oyster", and Bruce truly spent like a drunken sailor.  Those were the fun days. Those days are long gone now. 2 ...more  
Comment by Contrarian55 on Mar 10, 2022 9:37pm
Good info.  Thanks.  What about chucks decriminalizing bill next month? 
Comment by Starsearcher80 on Mar 11, 2022 6:39am
I see this decriminalization thought mostly as irrelevant.  Nice if it would happen, but I doubt there is the political will or clout to get the job done.  Look no further than chasing the Safe Banking Act. The will to get this done just isn't there.  And with the U.S. now being severely pre-occupied with far greater issues courtesy of Putin, I would say just about everything ...more  
Comment by UncleJack7 on Mar 11, 2022 9:09am
When they pass Safe and 280e this year that'll help Canopy tremendously.
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