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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 30, 2024 12:45pm
153 Views
Post# 35852925

RE:RE:Financial results

RE:RE:Financial results The removal of BioSteel will be both a positive as well as a negative on the report.

Yes - Big Reduction in Expenses
Yes - Money goes towards Debt
Yes - Some amount of EPS improvement

We have to PPs over the QTR, some of this went to debt as well.
Additional Progress toward EBITDA Positve (Adjusted) should be seen (IMHO)

BUT

- We can expect to have less Gross Sales so "Top-Line" numbers could appear lower.


Canopy Management likely wants to give EVERYONE a fair and equal chance to actually read, re-read and determine for themselves what they think of the report.

I would STRONGLY suggest taking the time to actually read the report.  If you are counting on a Forum to form you opinion then you will be either left mis-informed / ill-informed and completely mislead.

-->>> DYODD <---







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