Canopy Growth Corp T.WEED

Alternate Symbol(s): CGC | T.WEED.DB

Healthcare Cannabis

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.

TSX:WEED - Post by User

Canopy Growth Corp > WEED Smaller Quarterly loss, Reiterates Going Concern Doubt

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Comment by goldman777on Aug 09, 2023 8:47pm

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Post# 35580814

RE:RE:RE:WEED Smaller Quarterly loss, Reiterates Going Concern Doubt

yp01048 wrote: Correct me if I am wrong, but this was as of June 30th.
July 14 they issued a whole slew of notes etc to deal with the debt.

Judy just said on th call that they have paid off all the principal notes of whatever due in July. Also, the remaining 70 million or so would be used to pay off debt from the facility sales.

Also, seems like BioSteel will be sold so I imagine some of that money will be used to paid down debt and for investments.

YES - good eye, mute point I`m thinking.

Joe retailer will likely miss this but the professional traders will not.

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