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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Checked Yahoo Finance
View:
Post by stocktradinguru on Aug 06, 2020 7:07pm

Checked Yahoo Finance

For earnings estimates---low is $67 and high of $105 million aprox...

I have no clue what the earnings will be, but it seems they will not be close to APHA's $159 million for the quarter.

Now Weed moves in another direction---which likely means they cannot make the desired sales and earning growth on the current blue print.

Earnings announced on August 10th.

There could be a "sh-t strom" if earnings are low---like $69 million for the quarter.

I don't own any Canopy at this time, because in my view, this stock is way overvalued and has too much debt.

Aphria is a better buy!!!

Lets see what happens..
Comment by provester on Aug 06, 2020 7:54pm
I think they mentioned that they pivoted to address missed opportunities in their previous er and presentation. Btw, the $159 was their annual revenue. 
Comment by WebSwinger on Aug 06, 2020 9:25pm
Fake news!!! Aphria and Cronos financial results are what pulled Canopy's stock down from recent highs. That's right, the crash started right after Aphria results. Just wait and see what happens to Canopy over the next year. It will be amazing. I Hope Aphria does decent too. To the moon!!!
Comment by Thepopeisdope on Aug 07, 2020 8:43am
This Company is sinking and you are still looking for every excuse in the book to blame it on everything and everyone else...sad actually and I even feel bad for you...the water will be up to your knees and you still not look for a life raft...what did you get in at and it will tell us what you lost and will never get back or else you would of left this failing sector like most long ago...talking ...more  
Comment by DSEEGS on Aug 07, 2020 12:45am
  Aphria  cannabis revenue was 53.1 m . Aphria has many positives but they still have alot of work to do.  APH inventory is balooning . 7 quarters of inventory in their warehouse and no slowdown in production . Half billion writedown is possible if keep production at this rate. Trim writedown coming as well. . 25 cents for trim. Last quarter was 2.11 They were also in breach ...more  
Comment by Bestbuy8888 on Aug 07, 2020 8:35am
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