Canopy Growth Corp T.WEED

more positive news by the new year?

[charlie007]

I prefer to be out right now and at the next substantial rumour or news regarding safe banking buy in asap but right now I am thinking that will indeed require a miracle of biblical proportions and if there is no positive news and consolidation nears I prefer not to be left holding the bag.  

[quinlash]

There is another QTR report coming out before year end.  The company beat street estimates on the last one and they are speculated to do the same on the next.  That may be the marker for you to decide to re-enter or not.

[charlie007]

I'm not trading because I think the company is good.  I think sndl and vff have a better chance of becoming profitable in Canada.  I'm trying to capitalize on the inertia when news comes out, and canopy seems most predictable.

[quinlash]

Pretty sure I watched that video, some good content in there from the Cannabis Teams.  The one company that was not covered was Tilray Brands (TLRY).  Considering their recent reports and acquistions of the new breweries they are positioned well for profitability also. Canopy Growth needs to be looked at from the prespective of how much it's trading for vs others in the sector. 

[lou64]

EPS will be less Sales will be less Restructuring cost will be increased along with write down will follow on losses from BIOSTEEL and company changing over headquarters/ plant from a bottling facility    some of canopy sales / cost problems surface this quarter and next quarterly  followed by more money needed to keep lights on

[quinlash]

Its amusing to see the same folks who bashed the company just prior to the last report bashing it still with the same narrative, less, less, less, while Canopy beat street estimates and showed substantial progress in paying down debt and managing expenses. BioSteel was a major drain on Canopy, that has now been addressed and the company is no longer funding that operation.  It's up for