Post by
BrokerG on Jan 17, 2025 12:13pm
Stock price
How can every Cannabis stock be up today and Canopy is down?
MSO , Curaleaf , Tilray, Green Thumb, HITI all up nicely today.
Is Canopy that different from every other Marijuana company?
WTF????
Comment by
1hot-techwoman on Jan 17, 2025 2:09pm
Not profitable !!! Thats why :(
Comment by
BrokerG on Jan 17, 2025 3:08pm
Neither is Tilray or Curaleaf or Verano and most other Cannabis stocks at this time, yet they are all up nicely today. Actually the only cannabis stocks that are profitable is GreenThumb and maybe HITI
Comment by
1hot-techwoman on Jan 17, 2025 3:23pm
Also Organigram and Auxly are Profitable :) GLTA
Comment by
BrokerG on Jan 17, 2025 3:50pm
OMG! Hot- Please don't tell me your looking at Adjusted EBIT as profitability. That is an old accounting trick. Positive Net Income or positive EPS is basic profitability. Worked with Accountants all my life and they can make anyone look profitable after non-GAAP measures are taken into account.