Canopy Growth Corporation (WEED) Quote

why they lose money all the time ? bad set up from day one , company is too big for this business , one shoe maker makes much better shoes than a big factory and today we have a lot of shoe makers and they kill CGC

Thanks for the reply borysek,I was just curious what's been going on.
I held twmjf stock for a couple years then it became CGC. Played the pumps accordingly and then watched it steadily decline into hell after that.. I held a tiny position afterwards, until the reverse split news,and sold for a small loss before that happened.
I remember DK saying years ago , profits next quarter ,next quarter ,next quarter and evidently he still can't do it. I eventually lost interest in the company and after almost 8 years , I took it off my watchlist.
I feel bad for all the people who lost jobs because of CEO incompetence.

I agree with your statement.

A look at the CEOs past and present decision making just proves he has no clue how to run a weed business.jmo

this company will never make a profit ... because the set-up is wrong from day one ...

Did they ever get profitable?
I'll take a guess and say No.
Is it even worth looking at the current financials ?

Right from the horse mouth… Canadians canna partakers are not stupid. They are searching for quality canna at a fair price. They get it with BC BUD. Tilray bunk weed has no traction.
But you still can purchase Tilray shares…

Yep I am in Ontario. and order from Naked Cannabis in BC. Mids for $49 - $69 a oz, good quality and excellent large variety, free shipping at $115 expresspost 3 day delivery. I have large Harvest in a month that will have at least 3 1/2 lbs a year pretty much done for buying weed except maybe a little Hash every now and then.
https://shopnaked.se/flower/

Doesn’t matter… folks are getting their medicine from BCBUD. Why pay way more for bunk? Doesn’t make any sense. Hence the doomness nssr5 sits in…

normally, thieves that cheat others out of their money keep quiet about it so as not to draw the ire of those they cheat... however, you are a P.O.S. that dont know any better...Lodas

no one ? ... or just you , sucker ...

no one gives a sheet about what you remember.....Lodas

I have been following, I post everyday to try and inform everyone that S3 has nothing to do with commercial weed and that S3 drugs are dispensed by doctor prescription, and Trump verified in his acceptance memo, it means nothing for commercial weed and will only support the medical testing, research. Just as Trump stated in his acceptance memo.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.deadiversion.usdoj.gov/schedules/orangebook/c_cs_alpha.pdf

The 2 states that were first too legalize CA & CO are now recriminalized cannabis and banning the selling buying. of cannabis.
Governor Newsom announced emergency regulations to ban THC-containing hemp products and create stronger state protections to safeguard California’s children from the dangerous effects of unregulated THC.
https://www.gov.ca.gov/2024/09/06/governor-newsom-issues-regulations-to-protect-kids-from-dangerous-and-intoxicating-hemp-products/

Oregon Law Recriminalizing Simple Drug Possession Takes Effect On Sunday

Both are the product of House Bill 4002, which state lawmakers passed this year after fentanyl overdoses killed about 1,400 Oregonians in 2023, up from 280 in 2019. The bill recriminalizes possession of small amounts of drugs, while prioritizing recovery instead of jail time.
https://www.marijuanamoment.net/oregon-law-recriminalizing-simple-drug-possession-takes-effect-on-sunday/

I remember , when many years ago , a famous company named JDU was fluctuating 10%-15% up and down every day .... it was the beginning of the end ..

for CGC it does not matter if weed is legalized in US or not .... CGC is a bad company under all circumstances

??? Look at the communist California governor. Trump is endorsing weed legalization while y'all woke communists are banning it and refuse to fedally legalize it

That's because Trump is endorsing Florida's cannabis bill

Corporations are not good at growing cannabis. There is no love for the product.
They only care of selling shares to suckers.
And it works.

Governor Newsom announced emergency regulations to ban THC-containing hemp products and create stronger state protections to safeguard California’s children from the dangerous effects of unregulated THC.

Governor Newsom announced emergency regulations to ban THC-containing hemp products and create stronger state protections to safeguard California’s children from the dangerous effects of unregulated THC.
Today is the end of commercial sales of cannabis (THCA-THC) from the natural cannabis plant, instead they will be supplying fake male hemp plant "products" not including dried flower too smoke.
https://www.gov.ca.gov/2024/09/06/governor-newsom-issues-regulations-to-protect-kids-from-dangerous-and-intoxicating-hemp-products/

The 2 $Billion cannabis states CA & OR are now illegal cannabis states.

Oregon Law Recriminalizing Simple Drug Possession Takes Effect On Sunday

this is the state that did billions in cannabis sales in 2 decades now illegal with new state government prohibition.

https://www.marijuanamoment.net/oregon-law-recriminalizing-simple-drug-possession-takes-effect-on-sunday/

Trump is a joke ..... bad person , bad president , bad businessman , a criminal ....................... a good husband :)))))

Trump is endorsing

Weed sticks getting hammerwd because now endorsing legalization and said so within the past few days. He's endorsing the Florida recreational bill. Weed and crypto are being manipulated by the deep state donors to try and make Kennedy and trump look bad. All my opinion. But come on it's not that hard to figure out what's really going on

we see what I said many times ... the price is dripping steady until $2 - $3 ... there is nothing to stop it .... do you know what to do ?

Canopy Growth Polska Withdraws Popular Medical Cannabis Strain Penelope Due to Quality Concerns.

They want to re-start “fresh”.

Happyglass wants a quick Linton comeback.

He might just be the man for the job!!!

EAT !!!!!

if you are not a professional player ............. go away from this scam fast !

But not to worry!
Your shares are secured!!
Tilray has a PLAN!
They are buying alcool companies.
Smart…

They had a licence to grow and sell cannabis and they blew it…
No traction.
Users know better…
It’s called BC Bud.

I can assure you that large cannabis corporation folks do not consume cannabis. That would explain the mess they are in. Not knowing what to aim for. But that is ok. Every canna buyer knowns much better. And it’s called BC Bud! Ask for it bt name.
Large cannabis bunk producers will sell you cheap shares but.

This POS is really a POS huh? Haha. Just a train wreck of a company. Stoners shouldn't be running companies.

massive short ? ... I have not covered mine yet ,

Ponzi

laughing ....

Where is Bruce?

It's official. AC# has now surpassed this POS in price big time. Never thought I'd see that.

The company says the board is in the process of hiring a firm to avoid a bankruptcy ?

we are at a critical point .... the volume will be lower and lover every day , the price steady down --- I see a dead cat without hope

you cannot artificially maintain the price forever ...

Klein’s growing moldy bunk days are over…
Canopy Growth Announces CEO Succession Plan
Doomed
August 16, 2024


ImageCanopy Growth Announces CEO Succession Plan
Canopy Growth Announces CEO David Klein’s Retirement After Transformative Tenure, Search for New Leadership Begins as Company Focuses on Continued Growth and Profitability.
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that CEO David Klein will be retiring at the end of the company’s fiscal year on March 31, 2025. Until a successor is named, Klein will continue in his role, focusing on advancing Canopy Growth’s strategic objectives, including profitability, and ensuring a smooth transition for the incoming CEO. The Board has initiated a comprehensive search process to identify a candidate with the skills and experience needed to lead the company into its next phase of growth.

Klein, who joined Canopy Growth in January 2020, has been pivotal in transforming the company into a leaner, more focused organization🤣.

Under his leadership, Canopy Growth adopted an asset-light model in Canada and international markets, including Germany, and launched Canopy USA, giving shareholders unique exposure to the U.S. cannabis market ahead of federal legalization. His tenure is marked by the recent first-quarter results for fiscal year 2025, which showed a 67% increase in gross profit year-over-year and a consolidated gross margin of 35%, reflecting the company’s improved financial position.

Klein expressed his gratitude to the Canopy Growth team and shareholders, emphasizing his commitment to driving the company toward profitability in his remaining months. He stated that his experience at Canopy Growth has reinforced his belief in the power of cannabis to improve lives and that he is confident in the company’s future.

David Lazzarato, Chairman of the Board, praised Klein’s leadership, noting his instrumental role in the company’s transformation and the establishment of Canopy USA. The Board remains committed to appointing a new CEO who will continue to drive Crappy Growth’s ambitious vision, ensuring that the company remains a leader in the global cannabis market.

This leadership transition comes at a crucial time for Canopy Growth as it continues to strengthen its position in the competitive cannabis industry.😂

i do not think ... it will hold long ..

Canaccord Genuity has taken a more pessimistic stance by downgrading its target price for Canopy Growth to $3.5 from $5 and maintained a “Sell” rating. This significant reduction in target price suggests Canaccord Genuity’s concerns about the company’s near-term prospects and its ability to overcome industry challenges. The “Sell” rating indicates a belief that the stock may underperform relative to broader market expectations.

THE GLOBE AND MAIL
Cannabis firm Canopy Growth reports $127.1-million first-quarter loss, revenue down from year ago
Revenue for the first quarter of Canopy’s 2025 financial year totalled $75.8-million, down from $88.6-million in the same quarter last year
AUGUST 9, 2024
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do you like it ? .... we witness an agony ,

I see desperation .... some caught people try to sell , idiots buy .... you still can make money on CGC playing daily but this is not for everybody ,

dead cat ... only can go down

Just realized a*b is now more than cgc in stock price. This isn't looking too good here

CGC is a joke ... it cuts a loss a bit ... only because its revenue is smaller

It is becoming increasingly clear that Mr. Klein has a real problem driving investor value. Everything from a reverse stock split to continuous quarterly reports missing projection and more alarmingly ongoing degradation in top line revenue. Equally alarming is that he apparently has not cracked the code to driving performance or value based results that bode well for investor confidence. He has to go and be replaced with a full on turn around CEO.

what to expect tomorrow after opening ? .... the loss will be huge in millions , after opening , the price will go up ( manipulations ) for a day or two and than ...
hold the handrail , back to $5/sh ..

Minus 0.01$

nice chart today :))))
hold handrails on Friday ... another day of big loss !

+0.30$

0.34$DOWN

And all of that comes amid a global market meltdown. Japan’s Nikkei 225 index nosedived 12% — its worst rout in history.
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look for a handrails !