Comment by
LIVeStReAm099 on Nov 30, 2019 2:04pm
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Comment by
HKDJDOEHEKWD on Dec 01, 2019 8:51pm
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Comment by
Troysthatguy on Dec 03, 2019 9:23pm
I disagree yes couche is nice to have for sure. But look at Canopy growth lol. There over 106 million in value and meta is under book value now with the same amount of stores. Sitting at 31 million lmao. Personally I think Meta is by far the better but right now just my opinion
Comment by
randomtask on Dec 04, 2019 10:38am
Hi Troy, what's the parallel with Canopy Growth?
Comment by
randomtask on Dec 04, 2019 10:49am
After briefly going through their financials on Sedar (they are almost two months overdue on their latest quarter...) it appears they are pretty tight from a treasury perspective. Net loss at May 31, 2019 was about $4.8M with only about $8.2M in free cash. Inventory is healthy but if they aren't creating profits from that, it won't help with cash flow.