Canopy Growth Corp T.WEED

Avoiding bankruptcy at the moment

[moneywinner1]

Like many other companies in the sector, most of them are bankrupt and do not exist some still avoiding ,
but if the to repay Covid money as government is after every one to get money back regardless you qualified or not . Bankruptcy is possibly in many cases

[quinlash]

To my knowledge the Covid money provided to busineses in Canada does not need to be paid back. There is additional money (at least it seems from Press Release) going to Canopy's bottom line from the sale of BioSteel. If you look over their earlier Press Releases you will also see that they raised $50 Million from a public offering last month or so at $1.09 USD.  Apparantly someone was

[quinlash]

*Correction* It was an interest-free loan which is partially forgiveable.   Here's a link I found on the subject: https://www.canada.ca/en/department-finance/news/2022/01/government-extends-loan-forgiveness-repayment-deadline-for-the-canada-emergency-business-account.html