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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 > Best Case Scenario
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Post by YoungBaklava on Apr 02, 2022 1:37am

Best Case Scenario

Imagine the senate somehow passes the act,  cannabis holders will see an insane spike. I predict the shorts will grow as time passes since many believe the senate will not pass the act, so therefore if it were passed by them, cover shorts along with business potential will set these stocks into a frenzy. Let alone bring upon huge news coverage etc and even more business negotiations amongst prevalent companies that want to break into the new commercial market. Also, why do people have such doubt for a senate that like last month passed a cannabis reform bill??. Even if it is thrown out, I still got some cheap shares, holding is guaranteed profits as legalization still awaits and is guaranteed within the near future as Senators die out of their old age Lmao. GLTE
Comment by Starsearcher80 on Apr 02, 2022 5:52am
Two things come to mind. First, this company does NOT have time,or cash, to wait for "Senators to die out". Their burn rate is atrocious and going to get worse. Second, if you go to the casino,i think blackjack gives you the best odds at 51/49 in favour of the house. Let's be generous here, and say the odds of this bill getting passed on the Senate is 10%. That means a 90% chance of ...more  
Comment by Invinciblone on Apr 02, 2022 6:42am
They have $1.5 billion and full support of constellation  nice try
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