Canopy implosion Despite over a year of being in "battle stations" mode Canopy loses another quarter billion dollars of investor money in the last quarter. Sales down 25%, 800 employees let go and no real way out of their mess except to dump more and more production capacity. Somehow they state that they hope to be positive EBITDA within a year. Yeaaaah right....
I feel a lot less bad about how DN is faring. It just goes to show that growth at any cost has serious 'going concern' risks.