Canopy Growth Corp T.WEED

disclosures on wana etc

[caretired1]

will we see those with the proxy doc next week or do we have to wait until a positive vote in april?  must be next week in order to make an informed decision about the vote.
anyone agree?

[christie77]

Heads Up for investors in canopy TDR Podcast has Klien on at 4 today on utube talking about  financial report.   H e will also be on with a new video next week same podcast new interview, 

[BrokerG]

Another brutal day in the life of Canopy shareholders. Which infortunately I am one of. The reason we are down yet again today is Canopy did not come close to paying off debt, as this board discussed on numerous occasions.  Debt- Short term = $91 million         -Long term  = $520 Milion Cash and short term inverstment = $185 million Net debt = $426 Million. Has

[Clowninthedark]

I have not followed WEED for a while but where did the 5 billion go? Did they not have all that cash after the STZ buy in?

[BrokerG]

To answer your question: Canopy purchased BioSteel and few other disasters, and expanded well beyond market demand. Not only did they blow through the 5 billion but they accumulated over 1 billion in debt. This debt is now at 420 million. They have 18 months before next debt payment. They will not be able to make that payment without issuing more shares. The bottom line is simple- US rescheduling

[lafong]

Very, very good question. That is a a ton of money  and it continues. This stock/company is doomed, except of course you are "DOLLAR COST AVERAGING"