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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 > Speaking of drinks
View:
Post by Homestretch4me on Apr 09, 2022 7:55pm

Speaking of drinks

https://mjbizdaily.com/tilray-budweiser-maker-ab-inbev-end-marijuana-beverage-partnership/

Big mistake by tilray getting involved with craft beer.
Comment by quinlash on Apr 09, 2022 10:31pm
Tilray announced a pending partnership with HEXO Corp, HEXO is partnered with Molson under Truss, the drinks are already across Canada and in 17 US states.  Tilray may just be switching up who they work with for the drinks but they certainly do not seem like they are walking away from the product offering.
Comment by Homestretch4me on Apr 09, 2022 11:34pm
Nobody said they were walking away from the segment. But if you are trying to say that partnering with Hexo vs. Inbev is somehow the same I would 100% disagree. Inbev is a Blue Whale and Hexo is a minnow. This deal was out of necessity when Inbev wanted out after the Sweetwater deal. Huge mistake by Tilray. I wouldn't touch Aphria or Tilray separately and definitely wouldn't even look at ...more  
Comment by quinlash on Apr 10, 2022 12:19am
I have never seen a merged company try to break apart their QTR report to compare portions of the report to prior company reports pre-dating a merger.  Honestly I think the accountants would quit before they would entertain building a report in that manner.  If you did not like the report then so be it however they did come in EPS postive when a negative report was on the street estimate ...more  
Comment by WestCoast78 on Apr 10, 2022 12:46pm
Smoke and mirrors.  They are still shady.  https://www.newcannabisventures.com/tilrays-illusory-profit-obscures-fundamental-weakness/
Comment by quinlash on Apr 10, 2022 2:38pm
If Tilray or Canopy, or anyone else, is making money above and beyond what they would make through the sale of Cannabis Products and those profits roll up under a ticker you happen to have in your portfolio, then you should be happy about it. Maybe the author of your article holds a short position and was surprised to see a positive EPS
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