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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 > The problem is that CGC is not the best grower plus
View:
Post by Savage97 on Jul 11, 2022 1:41pm

The problem is that CGC is not the best grower plus

Their key acquisitions in the USA still remain behind locked doors.  Now they're diluting to pay down debt, staying afloat for the inevitable scooping of assets from STDZ.  

So lets see, 

Acreage: As reflected in the unaudited condensed consolidated financial statements, the Company had an accumulated deficit as of March 31, 2022, as well as a net loss and negative cash flow from operating activities for the three months ended March 31, 2022. These factors raise substantial doubt about the Company’s ability to continue as a going concern for at least one year

from the issuance of these financial statements.

Net loss 2021/20/19: $ (73,157) $ (360,118) $ (195,162)


GLTA

Comment by Contrarian55 on Jul 11, 2022 2:32pm
Tell me why Tilray is better please.  I am thinking about shipping to Tilray, purely for the Germany access. 
Comment by Savage97 on Jul 11, 2022 6:16pm
Epic Legalization Bull Run will be coming for both regardless.        
Comment by Contrarian55 on Jul 11, 2022 6:19pm
Expect that's not happening.  Zero percent chance.  What could have been.... 
Comment by Savage97 on Jul 11, 2022 9:02pm
CGC has a fair amount of selling by institutional investors, its  lengthy decline will rebound with legalization.  $$$