Canopy Growth Corp T.WEED

Canopy’s feel good press release

[lou64]

Neglects to tell shareholders the exact cost ofthe SHELL COMPANY OWES ?

Klein should be adding the debt  which will be Canopy's responsibility to be carrying forward will add to shareholder pain ... 
A MASSIVE DILUTION UPON CANOPY AND IT'S SHAREHOLDERS AT A RATE OF 775 MILLION FOR THAT ALONE !!

The company also reported an eye-popping deficit of $775 million. 

Acreage Holdings, Inc.  (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) reported its financial results for the first quarter ending March 31, 2024. Acreage told investors that revenue fell 19% to $45.3 million in the first quarter down from last year’s $56 million for the same period. Revenue also dropped by 14% sequentially. The company attributed the decline to market price compression across various states but said the commencement of adult-use sales in Connecticut somewhat offset it.

The company’s net loss grew to $33 million over last year’s net loss of $16 million. Acreage ended the quarter with $7.3 million in cash and cash equivalents, which fell from $13.6 million at the end of 2023.

[charlie007]

They would save a lot of money if they just declared bankruptcy.  Instead they are going to see how much more they can milk from investors who think that canopy will return to former greatness and beyond!  If I was the ceo I would want a huge bonus for all the derision  and probable class action coming.