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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Good results
View:
Post by TheProphetElijah on Nov 05, 2021 9:20am

Good results

One step closer to net profit:

Net Earnings in Q2 FY2022 amounted to a loss of $16 million, which is an $80 million improvement versus Q2 FY2021, driven primarily by Other Income totaling $196 million during Q2 FY2022 mostly attributable to non-cash fair value changes of $233 million.

Those were slow months for MJ sales, Sept-Nov was much improved for next next Q, as some have been saying.
Comment by FirstClass on Nov 05, 2021 9:22am
FUNNY ,  HERE'S WHAT IS HAPPENING .
Comment by TheProphetElijah on Nov 05, 2021 9:34am
Knee jerk reaction down, then finish in the green.
Comment by davgro on Nov 05, 2021 10:58am
Oh how naive The Idiot Elijah truly is.  This is not a knee jerk reaction.  The market reacted negatively, as it should, to the following statement: "Pushing out positive Adjusted EBITDA target due to market share challenges in the Canadian recreational business and a slower-than-expected ramp-up of U.S. distribution for BioSteel." The US cannabis market is the most lucrative ...more  
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