RE:RE:Pro - Canopy tradersCanopy's CEO was interviewed by The Dales Report last month or so. During the interview he was asked about burn rates and need to raise funds. He explained the expenses nicely IMHO and detailed which expenses were only on paper (eg Depresation write off) as well as what were one time expenses. Don't quote me in this but I'm pretty sure the net cash burn was $34 million per QTR which is a vast improvement over the numbers being tossed around on this forum.
A capital raise can't be ruled out entirely. The Canopy USA setup may incur legal and exchange fees and there is always the unknowns. A strategic merger or acquisition may be in play as well (speculation).
If Kamala Harris comes through on cannabis rescheduling in the near term the rules for cannabis are going to change and likely result in new opportunities in the US for Canopy Growth.