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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

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 > Good results
View:
Post by TheProphetElijah on Nov 05, 2021 9:20am

Good results

One step closer to net profit:

Net Earnings in Q2 FY2022 amounted to a loss of $16 million, which is an $80 million improvement versus Q2 FY2021, driven primarily by Other Income totaling $196 million during Q2 FY2022 mostly attributable to non-cash fair value changes of $233 million.

Those were slow months for MJ sales, Sept-Nov was much improved for next next Q, as some have been saying.
Comment by FirstClass on Nov 05, 2021 9:22am
FUNNY ,  HERE'S WHAT IS HAPPENING .
Comment by TheProphetElijah on Nov 05, 2021 9:34am
Knee jerk reaction down, then finish in the green.
Comment by davgro on Nov 05, 2021 10:58am
Oh how naive The Idiot Elijah truly is.  This is not a knee jerk reaction.  The market reacted negatively, as it should, to the following statement: "Pushing out positive Adjusted EBITDA target due to market share challenges in the Canadian recreational business and a slower-than-expected ramp-up of U.S. distribution for BioSteel." The US cannabis market is the most lucrative ...more  
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