Post by
shenty46 on Jan 12, 2023 12:31am
They know
They know that they have a winner in biosteel, and they are growing it, and its indeed a premium product with far less calories and carbs and stevia based sugar, that is almost zero sugar, i would be watching more the biosteel numbers and acreage coming into its fold . After a long time, they are taking right decisions. They need some good quarters to take care of its debt,Canopy itself says that it is their transition year, and they would be giving a lot of emphasis to grow biosteel.With todays announcement with premium hockey league clubs, we may see very high growth in this segment, as competitors like gatorade alone has sales of around 6 billion dollars, amd on top of that they are acquring US based companies at almost nil valuations It will take some time may be six months more , than canopy will start performing and touch multi year highs.
Comment by
TheGrapeOne on Jan 12, 2023 7:35am
Agreed I expect the growth we have seen wiht this Brand to continue growing
Comment by
yp01048 on Jan 12, 2023 9:27am
"Stars" aligned.... Also check out Don Murphy MLC on Twitter. He is on the hill having meetings with Mace, McCarty etc on cannabis reform. Lots of good info in his tweets!