Post by
lou64 on Oct 06, 2023 11:51am
Do the math
Canopy has big debt on their books.... no matter what Klein does it is NOT PROFITABLE .... Klein preaches about his asset light and America is soooooo close to legalization ?? Which he can't prove !!
Then Klein continually pumps about America saving Canopy's beacon ??
But
Klein HAS NOT PROVIDED any solution of company's quagmire but to say Acreage / Wanna Terracend will be his solution ????
So how does he expect to pay the final bill on buying these businesses???????????
Interest rates climbing and today's numbers show more rate hikes are coming
Canopy's dream is a very very very expensive LALALA land pipe dream !!!
Canopy's RISK FACTOR kicks in as a PREMIUM will needed to be paid on any closing deal !!!
Some need to wake up cause Klein's dream does not include your best interests and doing the math isn't achievable in todays market being a NON-PROFIT and a DEBT HOLDER
Canopy is a sinking ship and will need a extreme major cash injection
Comment by
geodcan on Oct 06, 2023 2:41pm
So how does he expect to pay the final bill on buying these businesses??????????? It is becoming pretty clear that the final bill will be dealt with after the consolidation where honest investors get screwed out of their investment and STZ lending will inherit what once was a leader in the industry, already leaned out and ready for new company status on US soil.
Comment by
caretired1 on Oct 06, 2023 9:24pm
some like Wana, they have paid for in full already
Comment by
caretired1 on Oct 07, 2023 6:46pm
On Jetty they have paid most of the cash they owe already - some to come but not much aside from more shares. And Acreage we know about, so not a big cash drain to close those deals. And I bet the acquired cos have cash in them that Canoy will be able to use right away.