RE:RE:RE:RE:HomestretchUoweMe CANOPY LOSES BIG TIMEIt is obvious from the Canopy financial release that its shareholders are looking at an operational disaster on many fronts. Were it not for the Constellation Brands supplied war chest of which the CEO was forced to remind the market, the sp would have plummeted even further than the 7-1/2 percent that it did.
If Aurora hits $7 bucks it will mean Canopy will be trading at $30 so there will be no win for you there. Everybody knows the stock prices rolll up or down as a sector with as yet no one company immune to bad news elsewhere among the major players. Like your CEO, your excuses for delivering a bad performance won't wash with the market. Investors were shocked to learn of the less than stellar grasp of the essentials by management. They have the Constellatin money but they certainly don't have the Constellation expertise in building a successful business.