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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 > They know
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Post by shenty46 on Jan 12, 2023 12:31am

They know

They know that they have a winner in biosteel, and they are growing it, and its indeed a premium product with far less calories and carbs and stevia based sugar, that is almost zero sugar, i would be watching more the biosteel numbers and acreage coming into its fold . After a long time, they are taking right decisions. They need some good quarters to take care of its debt,Canopy itself says that it is their transition year, and they would be giving a lot of emphasis to grow biosteel.With todays announcement with premium hockey league clubs, we may see very high growth in this segment, as competitors like gatorade alone has sales of around 6 billion dollars, amd on top of that they are acquring US based companies at almost nil valuations  It will take some time may be six months more , than canopy will start performing and touch multi year highs.
Comment by TheGrapeOne on Jan 12, 2023 7:35am
Agreed I expect the growth we have seen wiht this Brand to continue growing
Comment by yp01048 on Jan 12, 2023 9:22am
I noted this months ago when the deal was originally announced as well. I am expecting on the low end 100m a quarter after everything is up and running with continued growth along the way. Yes, a lot of the 5billion was squandered with Linton and Klien. But BioSteel is our saving grace for the time being, until we can amalgamate everything else. And with the closing of the retail stores to " ...more  
Comment by yp01048 on Jan 12, 2023 9:27am
"Stars" aligned.... Also check out Don Murphy MLC on Twitter. He is on the hill having meetings with Mace, McCarty etc on cannabis reform. Lots of good info in his tweets!