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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Comment by Apprenticeon Nov 18, 2023 5:57am
212 Views
Post# 35742373

RE:RE: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

RE:RE: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

Exactly - what a nonsense!

 

Achieved Q2 FY2024 net revenue of $70 MM. Consolidated gross margin was 34% in Q2 FY2024

 

Assume that the net margin is somewhere at 10% resulting in about 7 mio

 

Imagine the 15 Mio cost avoidance per month (45 p.q.) would be calculated as earnings - what they surely will not do due to the taxes.

 

That would catapult the gross margin up < 70 %

 

Let see who this’ll work out.

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