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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 > Looks like Cronos sets the stage ?
View:
Post by lou64 on Nov 07, 2022 9:26am

Looks like Cronos sets the stage ?

Cronos is in a better place then Canopy but still can't fix the profitability issue ? Watch Canopy's earnings !!!!!!!!!

(i) Gross margin is defined as gross profit divided by net revenue.
(ii) Net income (loss) of $(36.9) million in Q3
2022 declined by $114.6 million from Q3
2021. The decline year-over-year was primarily driven by the fluctuation in the non-cash gain on revaluation of derivative liabilities.

(iii) See “Non-GAAP Measures” for more information, including a reconciliation of adjusted earnings (loss) before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) to net income (loss).
(iv) Dollar amounts are as of the last day of the period indicated.
(v) Capital expenditures represent component information of investing activities and is defined as the sum of purchase of property, plant and equipment, and purchase of intangible assets
Comment by lou64 on Nov 07, 2022 9:39am
My bad .... should of mentioned the Republican retaking and putting American politics into 2 years of do nothing  enjoy the next 2 days of a rude awaking of the real world !!
Comment by Rotaluceps on Nov 07, 2022 7:18pm
How they embellish things in their report.  People can see it by clicking the 'Financials" tab above and put the revenue on a quarterly basis. So.....Net revenue of $20.4 million in Q3 2022 increased by $2.1 million from Q3 2021. Such poor increase in revenue from the last Q3 2021. But what they don't say it that their revenue declined from the 3 previous quarters. $20.4 ...more  
Comment by Rotaluceps on Nov 07, 2022 7:57pm
Put the revenue at $1 million more since I made a huge error that don't change anything to the declining of the revenue.  $22.4 millions is still lower than the three last quarters. 23.06     25.03     25.80
Comment by Rotaluceps on Nov 07, 2022 8:00pm
I might get sh!t from the bag holders for my calculation skill and I fully deserve it. ;op
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