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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 > Ships going down
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Post by cannabisc on Apr 28, 2022 5:44am

Ships going down

2022 - the Year of the Canadian Cannabis Layoffs. With no more government COVID money to prop up the Income Statement, you will see more employees fired than a binge watching session of The Apprentice. All under the faade of a path to profitability - do not be fooled. Look at the trajectory on net revenue - look at the operational gross margin - look at their core value proposition. Do the math - do the strategic evaluation. You will see that the cost cutting will result in huge confusion and chaos - massive loss of employee morale - any good employees still there looking to get out. And a drop in sales - good companies have trouble growing-while-cutting, and these are nowhere near good companies. These cannabis companies simply do not do anything particularly well that results in sustainable, profitable sales growth - if they did, they wouldn't be in this sad position. I know many of you have money invested in these pantloads - you want, no, need them to be successful. Sorry, but wishing and hoping won't amount to anything - and neither will they.
Comment by Cmc888 on Apr 28, 2022 7:19am
the whole economy is propped up on printed money. There's a recession coming or already happening. To stop inflation from these idiots running north America. Sin stocks coming up bog soon.
Comment by Starsearcher80 on Apr 28, 2022 7:48am
Well said on all fronts. The biggest issue, beyond the U.S. legalization dream being shattered, is that Cannotpy has now developed a well- known reputation for making poor quality weed. I don't know why they can't get it right, but their products are NOT wanted and NOT selling well at all. Put bluntly, they're getting killed by far more nimble lp's that are providing what the ...more  
Comment by TheProphetElijah on Apr 28, 2022 9:15am
Wait a minute there Star, weren't you saying only about a month ago ALL mj is the same across the board.  Now you're saying Canopy is poor quality.
Comment by Starsearcher80 on Apr 28, 2022 9:59am
Umm no. But i have started several times there is a known quality issue. But that would be obvious with sku's being dumped.
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