RE:RE:RE:RE:RE:Canopy to Report Debt Free ???Second of all, the sale of Biosteek netted = 30.4 million. The sale of "this Works" netted 4.5 million in cash and the rest (10.0 million) in a promissory note. Add them together for $35 million. If Canopy put the whole $35 million against their debt, it would still owe LTD = 631 million - Cash of $35 million = $596 million of LTD. So I am not sure why quinlash keeps harping on the sale of Biosteel, it is a pitance compared to the debt outstanding.
Current cash balance as of Sept 30 was $247 million, so net debt is $349 million, if Canopy put all proceeds from those two disasters towards debt.
I am not sure why quinlash is questioning the debt, it is clearly stated in their financials as of Sept 30/23.