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 > Pro - Canopy traders
View:
Post by lou64 on Mar 20, 2024 5:08am

Pro - Canopy traders

Are fishing the naive investors in by propping up the stock with the bs Biden news just before voting ... These traders are elating the share price in hopes to convince the naive retail things are turning around and casting a yes vote is more positive and or will help the company ?

Once the smoke settles and the company achieves their goal with help from pro-Canopy traders that will profit off the naive retail...  that will bail and profit off bounce !!! 

EXPECT THE COMPANY TO FOLLOW UP POST VOTE WITH " DILUTIVE " NEWS OF NEEDED MONEY !!!!!

Then a major retreat will occur and a new round of bagholders happens 

IT IS CALLED BUYER  BEWARE ON UP COMING NEWS

Comment by Apprentice on Mar 20, 2024 6:15am
EXPECT THE COMPANY TO FOLLOW UP POST VOTE WITH " DILUTIVE " NEWS OF NEEDED MONEY !!!!! That is legitimate if it can lead to a better starting position.   It is said again and again that the NA market has a potential of > 50 B US in 2026 - without the EU   I expect them to target a market share of > 10% as soon as legalization is complete.   That could ...more  
Comment by lou64 on Mar 20, 2024 6:35am
No different then once the KING CANNABIS sales in the Canadian market reduced or grounded over sales numbers that did not transpire !!!! BILLIONS upon BILLIONS what never were meant to be !!! Canopy the KING abut reduced by haircut after haircut on valuations on LACK of SALES and or clients .... PIE IN THE SKY and NOTHING abut BLUE SKY INVESTORS throwing out numbers that never materialized ...more  
Comment by Apprentice on Mar 25, 2024 9:19am
Dreamers? Statista Furthermore, a promising annual growth rate of 14.15% (CAGR 2024-2028) is anticipated, which will result in a market volume of US$7.98bn by 2028. When comparing Canada's performance with other countries, it is noteworthy that in the United States is expected to generate the highest revenue in the Cannabis market, reaching an impressive US$39,850.00m by 2024 ...more  
Comment by quinlash on Mar 20, 2024 8:14am
Canopy's CEO was interviewed by The Dales Report last month or so. During the interview he was asked about burn rates and need to raise funds.  He explained the expenses nicely IMHO and detailed which expenses were only on paper (eg Depresation write off) as well as what were one time expenses.  Don't quote me in this but I'm pretty sure the net cash burn was $34 million per ...more  
Comment by MasterPeace on Mar 20, 2024 9:00am
Good point and I'm pulling up that interview again for anyone who missed it. Shareholders aren't privy to insider machinations/developments until an announcement hits market so it can be frustrating for the long-timers.  There's really no transparency here other than the constant s/h dilution.  I just read that their debt-to-equity ratio is 127.28 (if accurate)which tells me ...more  
Comment by quinlash on Mar 20, 2024 9:09am
It being an election year is going to influence what happens.  Rate changes, policy changes, political policy on foreign affairs etc may all see unexpected changes to try and apease voters. I read one article that indicated cannabis legalization would result in double digit gains for Biden in the polls.  Kamala Harris doing the round table last week could be the Dems putting out feelers ...more