RE:RE:Canopy Growth reduces term loan by US$100 millionBrokerG wrote: Bassd on my analyis/research, the reduction in the term loan of $100 million, eliminates the odds of bankrupcty in Canopy until December 2026. If the US can't get anything passed until then, then we are all screw**d. Overall positive, but in actuality, the repayment was part of the Loan covenant. However, I love how Canopy spun it to look like they are going above and beyond the debt repayment terms.
Still holding until Spring 2025.
Maybe you did this already but just in case, take into account your own projected incremental net sales from Canopy Medical.
I haven't dug into that for awhile but I doubt it would take too long to figure out
TC
Q