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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 > Acreage and Terrascend
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Post by Homestretch4me on Apr 22, 2022 2:48pm

Acreage and Terrascend

are killing it stateside. Go on twitter and check out the videos of the crazy lines in New Jersey. Acreage and Terrascend are two of a handful of MSOs that can sell recreational cannabis in New Jersey.

Just wait until Canopy can start to report everything they have spent money on. Canopy has the bankroll to ride out this storm. Cash burn????? I think not. Acquiring assets is the correct term.

Here is some great advice from the former CEO of Canopy Rivers/Riv Capital.

https://twitter.com/narbe87/status/1517503126118584320?t=E8KROMkF85fzaTLPjrHF9A&s=01

I know its tough to hold through thus downturn but don't get fooled into selling. It would be the biggest mistake of your life.

Just look at the momentum in the USA. A major push for legislative change is under way right now. Don't forget that republican Nancy Mace introduced the More Act. Republicans are getting on board. Cannabis store robberies are adding additional pressure and are a black eye for Schumer and company. He has to act. It is so close, you can almost taste it.

I will be here at the finish line, will you? I know some people that won't........ ; )
Comment by yp01048 on Apr 22, 2022 3:28pm
Mace introduced the States Reform act I think. She voted against the More Act in the house because of some stupid tax component, but probably because it's not her bill. Thanks for your positive note from a seasoned CGC investor. I admit, days like this are annoying, but today it is what it is. I do have a question though, what are the chances that Schumer does nothing?  Like worst ...more  
Comment by Homestretch4me on Apr 22, 2022 3:46pm
Thanks for that correction regarding Mace. It's hard to keep all the acts straight. Mitch McConnell is anti cannabis, not for the reasons he gives publicly but because he is heavily invested in alcohol. Schumer won't do nothing because that would be political suicide. Politicians care about 2 things and 2 things only. Getting re-elected and Money. They don't give a shiit about the ...more  
Comment by yp01048 on Apr 22, 2022 4:21pm
My concern is time. It's widely known that his bill will not pass. If introduced in July, then is there enough time for it to go thru the back and forth before midterms? Also there is the notion that the Republicans will not let such a monumental bill pass just prior to midterms. So that leaves the lame duck session for the Safe to be the only bill that passes in 2022, at the end of the year ...more  
Comment by Homestretch4me on Apr 22, 2022 4:43pm
You are always going to have people on both sides of the argument. All you have to do is go back in lou(sers) posting history about six to eight months before Canada legalized recreational marijuana and you'll see this basher claim up and down that it would never get legalized. Once he realized he was wrong with that he started saying that the bill would be sent back and forth between are two ...more  
Comment by WestCoast78 on Apr 23, 2022 3:11am
Lots of good points, safe in competes has a real shot.  Lame duck otherwise.  Chuck will never get 13r's.  3 D's say full-blown legalization.   He is all show.   His bill is basically a PR stunt for the midterm elections.   Everyone thinks that now.  Let's go safe in competes and let see hard pelosi pushes.
Comment by Homestretch4me on Apr 23, 2022 5:30pm
IT'S COMING More and more pressure each day. https://twitter.com/stock_mj/status/1517833875065556997?t=L_KfHSblyrw3PxM1-vbmFA&s=01
Comment by Homestretch4me on Apr 22, 2022 3:34pm
Some would have you believe David Klein is doing a bad job but in reality he is killing it. Compare Canopy's USA operations to any other LP. You can't because there is no comparison. All Lp and MSO stock prices are in the toilet right now, it's not just Canopy as some would have you believe......... ; ). It's just a waiting game for the triggering event. Canopy has the biggest and ...more