RE:RE:RE:Wed earnings a disaster looks likeI don't agree with the assumption that Canopy's earning report this Wednesday will be a "disaster." Remember that Canopy recently closed an oversubscribed bought financing deal with BMO and GMP at $34.60 per share.
The share price in the bought deal did not come out of nowhere. It is safe to assume that BMO and GMP came up with $34.60 based on analyzing Canopy's interim financial records and yet-to-be released operational plans, including accretive acquisitions and investments.
Nothing to worry on this regard, in my opinion.