Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Drug Manufacturers - Major Cannabis Cannabis
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

Canopy Growth Corp > Canopy to Report Debt Free ???
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(3104)
•••
Comment by quinlashon Jan 18, 2024 3:37pm
98 Views
Post# 35834465

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Canopy to Report Debt Free ???

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Canopy to Report Debt Free ???
caretired1 wrote: I believe it was an asset sale under CCAA or bankruptcy protection so lots of unsecured creditors were burned.  But it didnt get rid of long term debt in Canopy I believe


The debt carried by Canopy is stated in their QTR report.  That can be found on their website or through Sedar.com.  What portion of the debt was incurred due to carrying BioSteel is a bit harder to work out however the CEO noted that between 50-60% of their debt was contributed to BioSteel.  

With BioSteel gone now whatever expenses they were seeing will no longer show up and the cost savings they get from that can be directed towards paying off the debt remaining.

I haven't gone poking around for more Canopy Growth CEO Interviews on YouTube in the last while but that might be worthwhile to do as well.  CEO's sometimes drop details in interviews that you might now find in Press Release or discussed anywhere in articles.




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities