Earnings
Aurora warned of a miss and Canopy has remained quiet....read between the lines. I expect Aurora to come in higher than 55 million as they would not have released that number in the warning if there was a chance of coming in under it. I expect Canopy to come in at 93-100 million due to the fact they have many more retail stores than Aurora and had way more inventory. Wholesale and retail margins plus more inventory will translate into greater revenue. Canopy is going to isolate their Canadian operations to show profit in their canadian business model and then include the canadian results in the global results which will show a loss due to the costs associated with expansion and growth.
If you are a long and not holding now, get your stories ready so you can tell your grandchildren how you were so close to making a generational investment but missed the opportunity.
ALL ABOARD.......the train is about to leave the station and you are running out of time to get your ticket to ride.