WEEDNot expecting great things...
This is STZ management opportunity to clean out the closet and blame on fired CEO Bruce Linton.
If ever there was a time to take some writedowns now is it. Perhaps their guidance will be more positive.
One would like to think that Aphria already realizing its writedowns and creating strong branding would fare well for us. However, Canopy Growth is still considered the industry bellwether...so how their Q goes will impact the sector.
The irony is that TRST issues benefit APHA, as does the bad reputation of Canopy’s product. More sector illogic.