RE:RE:RE:RE:RE:Ironic the LACK of DISCLOSUREPublically traded companies "disclose" their numbers every three months. Canopy Growth is due to report next in a couple of weeks (Feb 9). This is when they get to see how things went over the last three months.
Topics of most interest (to me at least) are as following:
- Progress towards profitability -> improved EPS numbers
- Reduction in debt
- Reduction of or sustaining the expense numbers.
There are more but I am sure everyone investing is doing their own research to determine what is most important to themselves and how to find the numbers in the report.
Personnally I really like the Cannabis Sector for how much "news" comes out. Companies like Canopy Growth, Tilray Brands and many more, tend to issue Press Releases VERY FREQUENTLY (again IMHO).
Most companies only do a press release each time they report their numbers however these Cannabis Companies are always posting news of new products, deals coming and going, etc etc. As someone who actually likes research it gives me something to look into and consider for my Long-Term positions.
Anyone complaining about a "lack of disclosure" are likely not used to typical investments where you buy / hold / wait longer than expected, and only get an update every three months.
Just my thoughts on the subject.
Q
GLTA