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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 re re Fun Fact
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Post by Jettthro on Mar 12, 2024 1:18pm

Re re re re Fun Fact

quinlash my friend, be very very careful with CGC.  I never day trade.  I bought and sold CGC 2 years ago.  Fortunately not at to big a loss.  Buying shares in Canopy is dangerous.  I'll give you 2 examples.  15,000 shares at $70.  Value, $1.050 million.  Now worth 6000 dollars.  100,000 shares at $10.  Value, 1 million.  A bargain?  Now worth $40,000.  Currently pre reverse split. .40 cents.  A million dollars will get you 2 and a half million shares.  When an insider is possibly involved in short trading,  shareholders are possibly subject be being wiped out.  99.6 % down over 3 years, is a perfect example,  All the best to you quinlash.  You seem like a very nice person.  Cheers!
Comment by quinlash on Mar 12, 2024 1:28pm
I started on Canopy in 2015 or so and did a full exit a year or two later at a substantial gain.   I didn't exit because I lost faith in the cannabis sector, I lost faith in the products at that time as well as the CEO's interest in changing things.  Current CEO is doing just fine accounting to the books IMHO and my research into the products show a marked improvement ...more  
Comment by BrokerG on Mar 12, 2024 1:53pm
So here's a simple question for Q or whoever wants to comment: If re-scheduling is coming soon and legalization afterwards along with Germany legalizing why are we trading at all-time lows? not to mention that Canopy has reduced their massive debt is moving to profitability, according to Klein' s latest interview, and our US assets are not being recognized. What is going on here? 
Comment by charlie007 on Mar 12, 2024 2:25pm
good because i was getting a bit concerned you might implode if canopy implodes glad to hear you did ok i did ok too
Comment by Teflon2Hype on Mar 12, 2024 5:59pm
Nice story but the truth is that you held long and rode Canopy, Hexo and Newstrike all the way down into virtual nothingness
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