Prattle Queens Going HardPlenty of wishful thinking noise from the barking crud and as usual compltely devoid of fact and reality, not too mention the sector pretty well red across the board. FQ4/22 report out in the comming weeks will be interesting...need to see if Klein remains in line with his original progres projection.
Should see continued fat trimming and increased overall efficiency of operations along with increased sales to balance retail pricing reduction for the Q....the industry has seen a much lower price per gram for product sold for the period and Canopy has been no exception and been very active in lowering sticker pricing. Klein is going to need to hone that outlay to return balance to profit realized which was the target for current Q, anything even close is going to give the SP lift.
We could see some serious increase in sales from stateside operations, hopefully FQ1/23, as the Acreage and Terrascend deals will be generating revenue from day one of being finalized, and the Biden disaster out the door, of which won't make it done without much remedial work needing to be completed. Klien will need his A game stick handling all the way through and Canopy has or will have everything he needs to be No1. Everyone needs to do their DD and buy, sell or hold accordingly. JMHO...Opt
Integrated Investment Consultants LLC Invests $157,000 in Canopy Growth Co. (NASDAQ:CGC) - ETF Daily News