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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 > Future Options
View:
Post by Oldweed on May 30, 2023 5:14pm

Future Options

Back when STZ created a degree of seperation from Canopy the way I saw this was, STZ was not comfortable with the current landscape and or direction required to keep the company going, so it came down to 3 options:

1) Canopy proved their business model on their own and upon full legalization STZ would come back in.

2) Canopy fails as an MJ company but has limited success (ie: Biosteel), this would allow STZ to sell off the failed companies and aquire the rest for pennies.

3) Canopy fails entirely and it's major shareholders question the decisions the company has taken (the sharks come out to mitigate) I would imagine STZ would not be excluded from putting theselfs at the top of that creditor list.

It's up to each individual to figure out at which stage and which (if any) of these scenarios is valid, or not.

JMHO
Comment by geodcan on Jun 01, 2023 4:50pm
I don't think STZ is going to jeapordize itself anymore than the cash outlay. That first $5 billion Canadian was a shakeup and legitimizer for the whole pot industry. Interestingly that STZ invested in a half dozen other good sku companies in the US that could complement their hub and spoke concept with the anchors being WEED and ACRG. It is going to take a big leap of faith in STZ ...more  
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