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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 > Next option …. DILUTING …..
View:
Post by lou64 on Feb 28, 2022 12:10pm

Next option …. DILUTING …..

Next in line comes Canopy and see what the market thinks of a company that can not pay off its debt via profits !

 

Aurora Cannabis Is Selling Stocks To Pay Off Debt And These Canadian Marijuana Giants Are Next In Line

The dwindling cash and limited prospects for achieving substantial cash generation would leave the company in a very vulnerable position ahead of the 2026 maturity of its CA$900 million credit facility,” he said, adding that it “requires a minimum liquidity of $250 million.”

With analysts suggesting that Canopy won’t be able to achieve positive adjusted EBITDA in the following three years, the refinancing of the debt could be questionable.

“While its stock is trading near a 5-year low, we think it makes sense for the company to sell stock, as it currently trades at 2X tangible book value despite projected losses ahead and looming debt maturities,” Brochstein said.

Comment by Invinciblone on Feb 28, 2022 12:18pm
they still have billions in cash....
Comment by lou64 on Feb 28, 2022 12:22pm
They WILL NEED a C H I T load more then that if they plan on any kind of EXPANSION and with looming interest rate increases and their credit rate scoring they WILL PAY a PREMIUM on money borrowed Earth is calling
Comment by lou64 on Feb 28, 2022 12:30pm
Hate to burst that bubble you live in but Newlands resigned and if you believe Canopy will get more from Constellation you are in dreamland ... zero return on primary injection with nothing but writedowns after writedowns 
Comment by TheGrapeOne on Feb 28, 2022 12:36pm
So you just want to play the what if game then your just going to ignore facts and try and post fear i see Star crapper emabrasses him self all you have left is the What if game   this stock must be getting ready to take off  time to but another 1000 shares
Comment by Starsearcher80 on Feb 28, 2022 3:36pm
Interesting to see analysts and the media picking up on this.  The writing is on the wall.
Comment by OptGreen on Feb 28, 2022 4:04pm
The writing is on the wall?....get your wipes and clean it off and be quick or mother will be kicking your azz again. So in the world of the weak and tiny minded "billions in cash" in the till  is meaningless? You wonder why you are just worthless barking gutter crud? Cash is king and when you have billions on hand you don't sell stock to pay down debt...is it any wonder ...more  
Comment by Starsearcher80 on Feb 28, 2022 4:11pm
Let's see if you can do basic math Optzero. Take their cash, about 1.5 billion and divide by their current burn, any 650 million/quarter. How long before they run out of money?? ;)
Comment by Invinciblone on Feb 28, 2022 4:48pm
Now starcrapper if your not going to post honest posts you look even more the fool
Comment by OptGreen on Feb 28, 2022 5:38pm
Please tell me you are not really that far off beam Starcrud, you are just playing dumb for sympathy?...so they have $.0 sales just burn? Do even a short bit of DD on thes companies and at least arm yourself to some degree. Start with Acreage, they are acquiring a healthy going concern that will be basically self funding out of the gate....have a look at the Supreme deal, they picked up a world ...more  
Comment by Starsearcher80 on Feb 28, 2022 7:45pm
Wow. You reaaaallllly don't get it, do you. Oh well. Nothing left for you expect washing out completely. Heck, you're 85% of the way there already. ;)
Comment by OptGreen on Mar 01, 2022 8:55am
Agreed, I don't get how I could have actually tried to have anything that would resemble material communication with weak and tiny minded barking crud...I will improve. JMHO...Opt
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