Canopy Growth Corp (WEED)

[jons245]

I am very confident that Tweed has at least $900,000 in revenue for Q3. I was reading the Q2 report again and found the statement of them having a $900,000 in inventory.

The scale of production, reliability of available product, and development of market demand are all aspects of the business that Tweed has placed increased priority and focus upon over the last quarter. Financial note 5 in the financial statements sets out that Tweed had a harvest in-process inventory of $967,863 at the end of June, and continues to build on the volume of product in-production. To this end Tweed is pleased to confirm that the number of operational flowering rooms has doubled to six effective August 28, 2014. The construction program was delivered on schedule and below budget. Management is confident the number of flowering rooms in production at the Smiths Falls site will again double prior to year end. The number of flowering rooms in production by year end would be twelve of the potential total of thirty rooms in Smiths Falls. Production was also commenced at Niagara-on-the-Lake on August 10th.

So if they had that much inventory in July. I am really confident that this inventory has been sold.