RE:RE:RE:RE:RE:RE:RE:New Press Release - Canopy Growth Announces that BioSteel Obtains Court Approval of Successful Bids in Sale and Investment Solicitation Process I used to work a few years in a regulated industry (medical technology).
If you consider the 15 million per month (180 million per year) purely theoretically as profit, such a company would have to have a annual revenue of at least 800 to 1000 million.
Approx. 18-22% net margin (65-75 gross) otherwise it doesn’t work with all the S&A, development, operations, etc.
I think that a first turning point has been achieved.
It remains exciting GLTA