RE:RE:RE:RE:RE:once US approves Mamajuana"Close Enough" ? Your margin of error appears very wide but as long as you invested enough research to justify your risk exposure (cash in play) then who am I to judge, it's YOUR money.
Anyhow, you may want to consider the obvious fact that Canopy is continuing to roll out new products (as evident again today). I would put forward that, if the company was as cash strapped as everyone appears to believe then how are they doing Research and Development into building new products and bringing them to market ?
You see, the market can sometimes grossly over value a stock but it can also grossly undervalue a stock as well. Your research into the MarketCap calculations is a nice first step to understanding fundamentals but I would encourage you to keep learning and research the Book Value numbers and EV Values. If you want to get a bit more technical then you can also look into Historical Price to Sales Ratio numbers and compare those numbers to a similar company within the Sector.
Again, it's YOUR money which makes it YOUR responsibility to research.
Best Regards