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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 > US MSOs
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Post by geodcan on Jan 09, 2024 4:46pm

US MSOs

didn't get slapped as hard as the LPs did, of course Canada's 2 LPs both came out with bad news today.

Just an indication of more to come imho.

Even if the US passed a law to remove the fear of the Feds in regards to the pot biz it would buy us a twitch or two to the good for a few potpreneurs but quickly revert back to the biggest problem of supply and demand.

It shows how professional some of the potpreneurs are that they just keep dropping prices which is kind of like cutting off your nose to spite your face.

Funding will dry up and blow away for pot companies that are on the attrition list and then it should happen pretty quick.

Actually the quicker the better for the survivors!
Comment by quinlash on Jan 09, 2024 5:17pm
As the smaller players drop off the playing field then the remaining players pick up those sales. Anyone buying Cannabis products is not going to stop buying cannabis products simply because the brand they liked is no longer available. In terms of Supply / Demand.  Ontario is going ahead with doubling the allowable store count for Cannabis retailers.  What we want to see happen there is ...more  
Comment by geodcan on Jan 10, 2024 7:12pm
Product diversity and Product Quality for sure are solids for the industry. I got really excited about beverage skus as a better, healthier option to light alcohol and beer. There was a definite movement towards beverages with lots of interest from big beer companies who were studying on it to be prepared because they felt it was going to be gamechanging for their marketshare with consumers ...more  
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