RE:RE:RE:RE:Crud Barking and LostOptGreen wrote: There was some lame blather from the crud about, this is really, the real slide into the abyss this time and sell before it is to late bullshite...sounds like they know too?
I think the report is going to solid on pretty well all levels and will meet Klein's original estimate of progression. Now whether profit, even ebitda lite, may not be there but does not matter as long as the rest of the report and estimates going forward have the strength and are doable.
We definitely could see profit for FQ4/22 with the serious reduction in staffing, of which most would come from redundancy of positions through acquisitions of existing assets to date, alone is going to provide a healthy part in the positive of the bottom line. Canopy is the asset that will accumulate and operate the US assets acquired to date and those added as the US legalizes and starts to clean out the coup perps and we start to see a material shift to pre-coup operations across all states.
While the erstwhile heavies like Obama start to edge closer to what they think will be the reins, the urgency and fear they realize and are trying to downplay now, will come to fruition as the SP heads north with weight and these SP levels in the rearview for the last time. Everybody needs to do their DD and buy, sell or hold accordingly. JMHO...Opt
OptGreen wrote: The report is that good, TPE? JMHO...Opt
No even profitable before FY
24 Not even EBITDA but "adjusted EBITDA" . Search for the difference. The problem is so obvious, too much competition.
- Canopy Growth reports weaker-than-expected results for its fiscal Q4.
- The cannabis company expects to turn adjusted EBITDA positive in FY24