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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Stock price
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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 3:35pm
Organigram is NOT profitable - Net income for the quarter ended Sept 30th was negative - 5M and for the year it was negative -45M. Auxly was NOT profitable for the year ended 2023-12-31 however did show a small profit the last tow quarters. I will give you that one. I mentioned HITI in my previous post. Their year end was NOT profitable but the last quarter was.  In other words the majority ...more  
Comment by 1hot-techwoman on Jan 17, 2025 3:41pm
Organigram Reports Fourth Quarter and Fiscal 2024 Results -- Fiscal 2024 net revenue of $159.8 million -- 17.6% year-over-year growth in Organigram's recreational shipped sales in Fiscal 2024 -- Q4 Fiscal 2024 adjusted gross margin1 of 37% -- Q4 Fiscal 2024 adjusted EBITDA2 of $5.9 million or 13% of net revenue -- Q4 Fiscal 2024 cash flow from operations of $8.9 million -- Became Canada's ...more  
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.