RE:RE:RE:RE:Canopy strategically superior to the restHere is a classic example of an idiot telling lies to scare investors and bash the stock. All the supply deals announced so far are minimum supply agreements. Canopy has agreed to guarantee the Kg announced by the MOU's. There is no cap but there is a minimum. When companies like Aurora and Aphria cant fulfill their obligations, Canopy will step in and deliver. When demand outstrips expectations, canopy will be the only one that can step up and deliver. Just a matter of time longs.
YodaLayhehoo wrote:
Don't let the large total sq feet numbers fool you. They are meaningless. The only thing that matters is their inventory which was tiny 15,000 kg and what they harvest which was tiny. Even if they produce huge numbers they are then capped by the provinces. The provinces have contracts for a certain number of KG'S per year. Right now that numbers is lower than they need to break even. Add in their costs for G&A and marketing and you have a bad situation about to go down imo. What happens when they only make between 200-300 million this year and still lose money. All confidence and hype is lost.