Another bath on investmentCanopy recieves a very SMALL amount compared to their investment in BIOSTEEL ...
EXPECT
Another round of write off on their books in the up coming quarterly because of amount that been settled !!
Inital investment and then the cost to fulfill the complete buyout PLUS endorsements a plenty
These dudes sure wrote the book on SOUR investments 101
Celenza -- who started BioSteel in 2009 with former NHL star Mike Cammalleri to find a nutritional recovery drink that wouldn't fall afoul of new NHL drug testing rules -- was described by one source as a high-energy leader who clashed with Klein. Canopy acquired a 72 per cent stake in BioSteel in Oct. 2019 for $50.7 million.