RE:RE:RE:RE:RE:RE:RE:RE:UHHH OHHHHHHomestretch4me wrote: 1) You don't know that
2) You don't know that either
3) Everyone except for you knows that in the end, drinks is where the money will be.
4) Right sizing. Going as far back as Bruce, Canopy has always said they will not be farmers and when the market matures they will source their MJ not grow it except for specialty strains
5) Every company in the Canadian Market is losing money. Canopy has spent wisely in the US and will have a significant footprint upon legalization, whenever that happens
6) 1.5 BILLION in the bank, Cash burn was 100 million in the last quarter which means they have enough cash for ~ 16 quarters or four years, if the cash burn remains the same. Remember your ridiculous prediction of a 750 million cash burn for the latest quarter. I guess we can just add that to your complete loser list along with your call on Air Canada and Ivanhoe Mines.
7) I don't think you will find anyone that agrees with your thesis that constellation is terrible management. I mean they have 50+ billion dollars in annual revenue and you are just a ,"moms basement loser."
8) Again you have no foresight on where this industry is going. Dried flower is for the dinosaurs/old guard and probably wont be around except for medical patients in 8-10 years . The money we want is the beverage money and we are positioned to capitalize on it.
3) False
5)False
6) Cash burn was about $160M (Click on Financials above). CGC has 776M in cash.
Last year they had 1.5B.
7) Continue to lose money believing this. The management was and is still terribe. Even with the best management, WEED is kinda cook.
8) Continue to dream
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| End Cash Position | | 776.01
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