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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 > RE:RE:Td gives current market book value of $1.57 !!!
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Post by quinlash on Dec 14, 2023 12:06pm

RE:RE:Td gives current market book value of $1.57 !!!

So what you are saying is that "worse case" shareholders will get $1.57 per share or $10.57 per share post-consolidation ($1.57 x 10) ?

That may be the case but I am not seeing "worse-case" for Canopy, I am speculating that the share consolidation will do the company well and the higher-priced shares will attact more serious investors. 

Currently I think we have too many "penny-flippers"

jmho
Comment by Picker77 on Dec 14, 2023 1:29pm
Yes how true