RE:RE:RE:RE:RE:RE:RE:Must watch.I was not happy when they were not ready for or planing for rec production on the day legalized rr, and when Fowler left there was a major shift to rec and that became the focus....add Beena and CPG, the #1 premium quality herb producer in the country, sweet balance sheet and realizing profit, plus, plus is all great. But they could not survive going forward cutting prices by $20+ per gram let alone think of profit. Maybe if they had started with rec from the jump and had another few more 7acre facilities under crop....and if the fox hadn't stopped for a shite, he'd have caught the rabbit.
There is no emotion in business, it is dollars and cents and this deal with WEED is the best for our investment dollars going forward, so Beena and team made the best of the situation for the SHs....there was a pile of coin changing hands for some time while this all took place as the SP went to pennies? Not that I suggest or have any knowledge of Beena and/ or team acting untoward in any way. It is done, the past.
You have little to no way of assessing where CGC is today, using historical info/data....totally different mangement/ company and direction of business....major expansion and growth in US already and we haven't begun to scratch the surface and this is all before the first quarterly post STZ and Klein. You will get most, if not all, of your questions answered in a couple of weeks starting with FQ1/22 report. All the best with whatever your choice. JMHO...Opt
ridingrockets wrote:
Hey Opt Supreme yes they sold out. Supreme is no longer. Had they not been run by a bunch of ret@rds they should have been able to make it. They were all but posting a true profit (maybe you forgot already but a true profit was at hand) The question I had for you or anyone else for that matter was I want know:
How is Canopy going to make up their 600m+ quarterly losses. How are they going to add 2 billion + in annual sales? It wont be in Canada.... Supreme DOJA ACE does not even come close. They can not make enough money in Canada or whereever else they are currently operating to make up their losses. They are praying to get into America. And guess what, so many companies are already establishing themselves. But Tweed will miracly go in and all of a sudden do there what they can't do here, establish customer loyalty?
Maybe I am missing something on CGC? Maybe someone here that actually likes this company will be able to logically explain how Tweed gets themselves to a profit. None of this I believe in a cute guy in a suit cause (enter your excuse for your lusting over him). Unless he starts to p1mp himself out it those pearly whites of his won't matter.