Canopy Growth Corp T.WEED

No Shortage on Prattle, No Substance as Usual

[OptGreen]

Klein/ team have problem identified and hopefully cleaned up but if not it won't be long from here, by the sound of it so far they have the problem identified and addressed. This is the time to get it all cleaned up and the garbage out....solid action as the problems surfaced. It took a little time to see the weakness and problems with BioSteel and sounds like the cleanup is either done or will be as time allows. No crisis just  dealing with issues and concerns as they surface, of which there will be more and they will be handled as well.

The weak and tiny minded just bark, baying at the moon when they should be loading with both hands at these prices? The sector is not going to be running away from WEED anytime soon. Everybody needs to do their DD and buy, sell or hold accordingly. JMHO...Opt


Canopy Growth reports $648 million net loss in Q4 as it parts way with BioSteel staff – Ottawa Business Journal (obj.ca)

[Coloradobuff]

I'm with you, at this price, if they can get their costs in line it could be worth a flyer. 

[yp01048]

They need to preserve their cash assets. they still have one of the highest cash positions in the sector, but that is dwindling rapidly. Some suggest thier will be bankrupt by early 2025. But that is based on Canada alone, and doesn't take into consideration if canopy usa closes.  If the q1 numbers show a marked improvement in cash burn , that might be a start, but canopy has

[Coloradobuff]

They should sell it. They are paying way too much for 65 million a year in sales. 

[Picker77]

Why more info you know more than their directors about future markets? No

[Coloradobuff]

Very good comment. I also have the same outlook and agree on biosteel and this works.