RE:RE:Aurora earningsToo harsh lou, they are setting up the big green making machine and that is where the future and sweet returns are...they will be increasing their global footprint but the legal landscape has to be there in a reasonable capacity and some will be a long time, if at all?
But they have to get the 'proper mix' everywhere they plan to go and not go until meeting all issues specific in an area...is it temporary, if so how long? Maybe a pass, but unless they have the green, or a very comfortable assurance, they have to follow where led with the rest until they have the build in place and the assets to make the plan roll? Legalization, to what degree??....many issues and different issues as well?
The time and green to get the US up and running is going to take a while, plenty of 'ifs'...war, local or global? Acreage should add plenty of green in the till and there should be plenty of global market adn as long as the get high quality assets and in areas that they can manage? Is Constellation going to be worth a partnership, would it be available?
Plus some say, running on borrowed time now and much the same with the rest?? There is much more positive in the plant and a lot of work now to get the industry off the ground and Canopy right along with it? The med side is global and will improve as funding and knowledge is applied.
Everybody needs to do their DD and buy, sell or hold accordingly, JMHO...Opt
Canopy Growth fuels turnaround story with fresh capital | 2024-05-03 | Investing News | Stockhouse