Canopy Growth Corp T.WEED

Question Re Acquisition of Fire

[Darholio]

So how do the shareholders regard a company that loses -$4.66/share, and purchase another company (FIRE) that's in the red as well?
I would expect this stock to be red for most trading days to come!

[Pedal2themetal7]

Do your DD when it comes to Supreme and you'll answer your own question. If they get the market share Supreme will be a definite asset. Canopy has been navigating a bumpy road but since Klein became CEO it's easy to see the positives if you carefully disect the financials. If they continue diminishing their losses, increase market share and continue with disciplined spending it could be

[OptGreen]

Spot on Ped, FIRE has been realizing profit, ebitda lite, for the last few quarters if memory serves, on it's own...Constellation has Klein in there to organize and restructure WEED to catch up over the next year on a substantially larger scale. But FIRE isn't here to wag the dog, Klein/ team will have the dog realizing potentially very handsome returns in the not too distant future

[BurlapSack]

Did this acquisition make sense? They paid for a greenhouse and Canadian brand did they not?