RE:RE:HomestretchUoweMe CANOPY LOSES BIG TIMEHomestretch4me wrote: Like I said cheeseballs, the only number that matters right now is the top line. 106 million before excise taxes blew away expectations. Any fool that didn't know the loss was going to be huge has not done their DD. Canopy has so many employees in so many states right now that are not contributing to the bottom line.
Wait till they get their CBD up and running later this year. Then you will see incredible revenue increases and smaller losses. Tell me again Aurora's top line number from their last quarter? Yeah, that's right.......dont embarrass yourself. You might be the biggest fool of all on this forum.
mozzarella wrote: How did you like your latest financial's ?? Totally fell off the cliff back in the dumpster again. Chat laters )
That's the same thing we've been trying to get across to investors for months now about the need to give Aurora a chance to finish building their state of the art facilities before passing judgement on their long term profitability. It's strange that you would have none of that in Aurora's case but have adopted the very same wait & behold stance when it comes to Canopy. Too bad you are unwilling to afford the same courtesy to Aurora.
There's no getting around the fact that Canopy needs to do a better job of keeping control over expenses. Unable to reign in expenses, issues with converting growing capacity to mj useage, less sales in medical mj, huge increase in the 90's cents per share loss. What is management up to? Not exactly befitting to be called the leader in the cannabis sector. Yes indeed we'll wait and from that wait will emerge Aurora as the true leader in the sector with modern facilities that will enable it to grow mj for under $1 per gram.