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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 > Who Else is Buying Like Crazy for Biosteel Exposure?
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Post by JamesLast999 on Apr 12, 2023 9:54am

Who Else is Buying Like Crazy for Biosteel Exposure?

I thought I'd see if anyone else can't get enough of Canopy due to the promise Biosteel holds. Their protein is phenomenal, for example.
Comment by HighTime20 on Apr 12, 2023 4:02pm
Biosteel will be sold off and you'll be left holding the bag.   
Comment by JamesLast999 on Apr 13, 2023 9:42am
Pretty bold prediction. What makes you say that?
Comment by HighTime20 on Apr 13, 2023 10:18am
Given the history of the organization, I believe CGC will strip down, and sell off anything they can to stay a float.   Biosteel shows promise but under the current leadership and structure, I don't believe it ever reaches its full potential.    
Comment by JamesLast999 on Apr 13, 2023 11:48am
Interesting, particularly since we haven't seen Storz & Bickle be sold off, for example. Seems like that part of the business would be pretty easy to hive off and maybe should have been done by now given your hypothesis.  I tend to think that since they're moving to a decentralized business model, it makes complete sense for them to maintain a stable of strong brands that can ...more  
Comment by malx1 on Apr 13, 2023 2:23pm
Throw good money after bad? I don't spend $10k to upgrade the engine on my $2k Honda Civic. Common sense
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