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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 > (Article) Canaccord Genuity
View:
Post by quinlash on Nov 20, 2023 3:39pm

(Article) Canaccord Genuity

Canaccord had been providing Captial to the Cannabis Industry for years in exchange for shares in these companies.  They are now under investigation for ties to illegal short-selling.  This practice is brutal on a Company's shareprice and is likely a contributor as to the reason why Canopy Growth trades so cheap today.  

Unfortunately, the actions of Canaccord likely lead others astray and resulted in those folks now facing losses due to the low price where they opted to go short at.


Canaccord Genuity says it is under investigation by regulators and may face a ‘significant penalty’ to settle


https://www.theglobeandmail.com/business/article-canaccord-genuity-investigation-facing-penalty/
Comment by monte8 on Nov 21, 2023 9:36am
Going back Cannacord has always been known as "Cannacrap"!
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