Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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

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Canopy Growth Corp > Constellation just booked another loss on Canopy

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Post by lou64 on Jun 30, 2022 8:59am

Constellation just booked another loss on Canopy

one regret after another regret !!!!!!!

Constellation booked a GAAP loss of $165 million for Canopy Growth in the quarter and said it's recognized a $556 million unrealized net loss since its initial Canopy investment in Canopy in November, 2017.

https://www.marketwatch.com/story/constellation-brands-swings-to-a-profit-adj-2022-view-beats-target-2022-06-30

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Comment by lou64 on Jun 30, 2022 9:15am

Canopy can not afford to pay it's debt and Constellation gets stuck with more shares that continue to spiral down in worth .... what a ugly scenario to be in after shelling out 5 Billion and egg is on your face over investment without real financials !!!

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