CannaRoyalty Corp C.CRZ

this could be a good move

[investalot23]

according to there PP. Canopy is worth 22 B fully diluted and cresco lab is 5.4B fully diluted. Canopy only has access to canada whereas cresco has access to both and population of 185 M.  too be honest i am not sure why canopy is soo over valued. what does canopy have that cresco does not? honest opinions

[investalot23]

is the difference the market? cresco is cnsx and canopy is tsx and nyse. and the big players only invest in tsx and nyse and not cnsx

[VENMan]

Canopy has Cresco Labs market cap in Cash, give or take. What Cresco and Origin House do in sales for a year Canopy does in a quarter. Canopy has moved into international markets, Cresco Labs in just 11 states Canopy landed a Whale, that put $5 Billion in their cash account. Couls add another $7 Billion in cash. Cresco Labs no whale in site. Canopy's Book Value is 3 times more than Cresco Labs

[Tradertimestwo]

And Canopy has 235 million in losses last quarter. U.S. stocks will be the revenue winners very shortly imo.

[Tradertimestwo]

That number may be incorrect. But Canopy had a 346million loss in last 9 months.....

[investalot23]

i would say that is not true. estimated revenue is 383 M in 2019. Canopy is doing 20M a quater. canopy has international distribution agreements but not any sales True they have alot of cash but they cant use it on the largest market in the world... the US.  All there cash is sitting on the sidelines. and canopy is burning thru it fast. still not profitable. 

[VENMan]

  Canopy Growth earns $74.86-million in Q3 fiscal 2019 2019-02-15 02:00 ET - News Release Mr. Bruce Linton reports CANOPY GROWTH CORPORATION REPORTS THIRD QUARTER FISCAL 2019 FINANCIAL RESULTS: GROSS SALES OF $98M; NET REVENUE HITS RECORD $83M hey, but think whatever you want, Amazin!    investalot23 - (4/1/2019 9:58:27 PM) 

[Tradertimestwo]

What i think is Canopy still lost 346 million in last 9 months. Sure they made a lot of revenue too. Not denying that. But a lot of debt to make up. Origin house was well on the way to being net cash flow positive.