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Your right, just read that. As of the end of the quarter ending March 31 is what I was going off of.
"At the end of March 31, 2017, the Company had cash and cash equivalents of $12.9 million and working capital of $24.7 million."
Nobody said you need to. I guess my perspective is different. Would never spend time & energy every single day discussing a company I didn't believe in. Better $h!t to do than that. To each their own.
Take your own advice - sell & move on to a more fiscally responsible company that aligns with your goals
Pretty solid, making profit, keeping expenses down. Much different approach than here - revenues of 10.4 mil and only 12.9 mil cash on hand - so probably not looking to expand much more without another raise. Most likely just remain steady
Cool see you then. What was pps one year ago today? Poor thing
Thanks, sounds like you should probably find a new company to follow if you want a conservative growth model. For us that have been paying attention, today's results were as expected. The talk of scaling and continuing to grow larger in Canada & globally is nothing new and has been discussed in depth by Bruce, analysts and many on this board. Sounds like your beating a dead horse aka wasting your energy here.
The gov doesn't want the country lighting up illegal weed in the streets on 4/20 , just before rec goes legal. This would be good for all to at least get mail order up & running
4 more strains available today
Agree with Bruce's 4/20 recreational theory...which would also mean Rec is just 297 days away or roughly 195 trading days. Would hate to be invested in a company more concerned with today's framework then the future. Canopy light years ahead of the curve.
Yup those are the numbers to look at, love the forward thinking. Agree that in a couple of years dried bud will not be the main consumption method and glad they are strategically ahead of the curves.
Shorting today will work out, just be sure to cover by August 14 on Q1 earnings, $20 mil +
Any link? Definitely low end, hopefully good guidance for Q1, looking for $20 mil then
Nice, thanks all!
Anyone know the US law for importing hemp products? Got me thinking, what's to prevent canopy from exporting mettrum's Hemp line?
Maybe it's illegal ?
Looking for a pps rise, before the next raise
Major expansion
http://ottawacitizen.com/news/local-news/tweed
Look for guidance for Q1, only 6 weeks away from Q1 reporting
Hmm I would go $15.5....though it was just pointed out elsewhere that we should get Q1 in about 6 weeks. I'm hoping for positive guidance there as it could set us up for an extended run if The street things Q1 is a catalyst
Amazon was a bookstore and I bet you were upset when they made the kindle....probably thought it would hurt their book sales lol. Once I get to a computer I'm gonna block this rhetorical d!psh!t
Why would they leverage a brand name of what is essentially an international competitor? We don't want to promote bedrocan worldwide when it's only our rights in the americas. The purchase of them was to eliminate a competitor out of the gates, gain expertise and medicinal recognition in Canada. We don't need their brand in South America or North America - we just need to keep their brand OUT. Mission accomplished
Amen
Lol - good for them, it's too expensive to get certified ;)
Quick $500k
On point, depends on which strain of the day
I believe this is a look inside the tweed vault. Goodness gracious ;)
https://instagram.com/p/BVhrMyEFD2C/
Yeah I guess
Haters gonna pull up the chart analysis now....growth over growth is great. Glad to see all of these updates summarized into one PR.
Oh ok that explains everything. Licenses = bad
Funny how far we've come, a license for many of these plays is their best catalyst. Meanwhile we get another added to the stock pile, and you can hear a pin drop.
Makes total sense, canopy always parlays their revenue reports with news before and or after. Also helps explain where all of the "unallocated" weed went that bears would you believe disappeared out of thin air or was vaporized by employees (literally)
A couple of DNA strains lemon skunk & chocolate fondue just added
True because the $15 target had a pretty big impact too
You also thought weed was a Sell at $5 many months ago, and sold.
Didn't sell any at $5, didn't sell any at $15, and haven't sold any on the slide back down.
Time is on my side, I have nowhere else I would rather be the next 3-5
No I clearly agree that a billion is a forward looking valuation. But to complain and point to revenues from October-December 2016 as your reasoning for the PPS to go lower is a bit amateur
You know that the market is supposed to be forward-looking, right? Based on estimates, expectations and growth? Just checking
Seems like a good move by them, gotta keep up with the Jones's.