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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 quinlashon Jan 18, 2024 4:12pm
93 Views
Post# 35834603

RE:RE:RE: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:RE:RE:RE:Canopy to Report Debt Free ???
caretired1 wrote: If I read the cash flow stmt right, aside from Biosteel they lost $180 million cash in the 6 months ended Sept 30, ignoring changes in working capital, so ops were burning 30 million a month excluding what they burned with Biosteel.  Maybe its not 30 a month now, but its not producing cash flow.  If they could close on the purchases of Wana, etc, maybe there is positive cash flow there, but they can't yet.


BioSteel was not net positive so it doesn't matter what cash they were bringing in from sales, it didn't cover the cost of having them as part of the Canopy Growth Company. 

You just look at the cost factor that is now removed from the operation to see what the company is now saving from not having BioSteel Around.

If you think your numbers are right then what you are projecting is a $360 Million Dollar per year savings.

180 over 6 months x 2 = $360 million
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