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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 > Every single shareholder of this stock is underwater.
View:
Post by BudFox198777777 on Aug 04, 2022 10:42am

Every single shareholder of this stock is underwater.

Let that sink in... This is the price I bought it at when it first started and I sold it all once I nearly doubled my money around 5-6$ (yes I should have held it for longer and rode the hype train).  My question to whomever is left here bagholding, why did you hang on to it during the entire ride all the way back to the bottom?
Comment by 1condor on Aug 04, 2022 6:58pm
I remember seeing a clip a few years back on CBC showing investors bragging about their big win holding Canopy shares. Gotta wonder how many are still holding? I am sure this reverse of fortune has turned out to be quite the disaster for some.
Comment by Doubleeagles on Aug 04, 2022 9:53pm
Just fractionally. But I have a heck of a lot more shares than when I first invested in 2014. Imagine getting the opportunity to accumulate a company a leader in an industry that in the near future will globally be everywhere in most cases legally.
Comment by Coloradobuff on Aug 05, 2022 7:52am
If they can survive that long. Bio steel is looking good for them. I think they paid 57 million for it. Could be what saves the company if they can continue to accelerate growth there. Should do 100 million this year. 
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