Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Canopy (and this industry) is finished.
View:
Post by GreatGabbo on Jun 23, 2023 10:43am

Canopy (and this industry) is finished.

This company is done for. And if the "industry giant" from a few years back cannot weather the playing field, it's safe to assume the others will fall as well.

There are only 3 entities making money off cannabis:

1) The executives of companies like canopy
2) The black market
3) The government with their absurdly high excise taxes

The industry will likely be run by private small businesses in the near future as publicly traded companies topple one at a time. All this is to say, take your losses now, before the final halt like we saw with all those who came before.


I was ridiculed for pulling out at $20 by all the pumpers and makebelievers stating that anything under $20/share was a steal — how'd that work out for you guys?

Best of luck, perhaps look into the big players on the S&P 500. They've all performed great YTD and have viable business models.
 

sincerely,
GG

Comment by Annick2020 on Jun 23, 2023 11:04am
There was no real point in legalization, other than basing your political campaign on it. On another note, more legislation has been introduced since legalization.  The ones profiting are the ones who had legalized it in the first place...  so, next, what else can we tax...  government regulated, doesn't equal to being more safe (&effective!)  It just means, more ...more  
Comment by Annick2020 on Jun 23, 2023 11:04am
There was no real point in legalization, other than basing your political campaign on it. On another note, more legislation has been introduced since legalization.@ The ones profiting are the ones who had legalized it in the first place...@ so, next, what else can we tax...@ government regulated, doesn@t equal to being more safe (@effective!)@ It just means, more policies will come into place, and ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities