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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 > There's No Reverse Split
View:
Post by quinlash on Nov 24, 2024 10:41am

There's No Reverse Split

Canopy Growth executed a reverse split when the SP dropped below a dollar for more than 30 days in a row. That was about a year ago.

Unless the same situation occurs again there will be no reverse split. Companies do not consolidate or split shares for no good reason.

Anytime someone starts babbling about a reverse split you can just go to the press release section of Canopy Growth to check for news. You can Google the topic as well.  Forum chatter is not news from the company.

GLTA 

Q
Comment by geodcan on Nov 24, 2024 5:23pm
There is an erosion of sharevalue coming with the Acreage deal where Acreage swaps shares for Canopy, for those that forgot. Acreage already has the shyt split out of it and the final split will be twenty to one and thirty to one Acreage shares for a Canopy share.  Indirectly it will increase the sharefloat of Canopy but by merging Canopy into an American Multi State operator should be a ...more  
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