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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 > Sell Canopy to buy Chalice
View:
Post by PortlandBlazer on Apr 15, 2022 2:56pm

Sell Canopy to buy Chalice

Chalice is a better investment than Canopy Growth.
  • Market capitalization is <1% of Canopy Growth (CHAL is CAD$25.5 million vs. WEED at CAD$3,400 million)
  • Gross profit in most recent quarter is 45% of Canopy Growth  (CHAL is US$3.6 million per press release Feb 24 2022 vs. WEED C$10.09 million)
  • Revenue growth rate is faster at CHAL  (CHAL Q4 21 / Q4 20 = 61% growth vs. WEED growth minus 8.76% for quarter ended Dec 31 2021)
  • Both companies have exposure to the US multi state operator market, but it's 100% of Chalice Brands, giving greater exposure to the possibility of US de-scheduling in the future.
A strong case could be made to sell Canopy Growth to buy Chalice Brands.
Comment by lafong on Apr 15, 2022 4:07pm
So, what you're recommending is to swap one broken down pot deal for another. F@@@ing brilliant
Comment by PortlandBlazer on Apr 15, 2022 6:36pm
Actually, am just recommending buying a widget company at 1.41 x annualized gross profit. CHAL is Graham and Dodd cheap. How investors raise cash is up to them.
Comment by Homestretch4me on Apr 15, 2022 6:39pm
Uhhhhhhhhhhhhhhhhhh...........No! Dude, do you have any ideaXXXXXXXXX NEVERMIND.