RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Just One Nagging Questioncaretired1 wrote: Yep, Acreage revenues roughly 200million per year and loses money. Wana I think is alleged at 300 million in revenue - don't know if they make money but Canopy paid 300 million to buy them - you assume they make real money. Jetty is so small its inconsequential I think.
CUSA could be worth??
We can only go with what we know, US market is much larger so the potential is greater, schedule change likely so huge tax break likely. Canada has just recently confirmed no excise tax reform. Full US legalization unlikely in the near term so the runway for Canopy may be to short to get to profitability.in time. Constellation has reconfirmed there will be no future investment into Canopy. For myself, I see Constellation has been putting the same screws to Canopy that it had Canopy put on the US operations and have now postured themselves for either result. The next most likely step will be a renegotiation of conversion after a restructure unless the sector flood gates open up to the big boards. If only it were easy, we all would be rich!