Canopy Growth Corp T.WEED

RE:Dismal performance

[DSEEGS]

Silentbull wrote: Another weak quarterly performance by Canopy. The co should lose the word growth from its name coz its not growing at all, been on decline since the start of the year. The only growth part is the CEO's salary. Wonder what makes board think that giving Klein 30 million dollar salary is prudent. This needs to be performance based not on the whims and fancies of a disconnected board. 
Why is canopy on the decline in the canadian market? This co has already lost over 3.35 billion cash in maintaining the production facilities. At this rate of cash burn, canopy would need to raise money again in a few months. 
This ship is still not course corrected IMO, the fair market value is 2 billion cash + 2 billion enterprise value=4 billion which means the share price needs to reflect that and should be around $12 CAD. Lets see how soon the market forces work to correct this gap.
GLTA

Finally, Klein is also privy to an inducement grant of options equal in value to C$20 million. This however has some stipulations, with the first C$6.7 million vesting only if during any 90-day period during a six year term beginning December 6, 2019, the share price of Canopy has appreciated by a minimum of 50%. The second tranche of C$6.7 million in options is to be issued upon Canopy recognizing $2.5 billion in annual revenues, while the third and final tranche is vested upon a “Comparable Adjusted EBITDA” of C$100 million or more for a fiscal year end.