Canopy Growth Corp (WEED)

[ChacenAces]

So I crunched some numbers based on todays press release. Here is what I have come up with....let me know if the logic & the math makes sense to you. It looks like $32.6 million in sales this year to date!

Canopy Sales Projections For Q4 2017 ( ending 03/31/17)

* 7 million grams sold to date under the Canopy.
* Canopy average sale price as of December 31, 2016 was $7.22 per gram.
* 300,000 orders to date under the Canopy.
* $17,866,050 total sales under the Canopy as of December 31, 2016
* 7,000,000 x $7.22 = $50,540,000 in total estimated sales under the Canopy.

Thesis:
Based on the disclosure by Canopy today of over 7 million grams sold to date & the average selling cost per gram by Canopy since 2015 of $7.22 per gram we can assume that total sales to date have been approximately $50,540,000. Since we know the actual total sales under the Canopy since 2015 is $17,866,050 then we can assume that there has been approximately $32,673,950 in sales from January 1, 2017 to date. The question is how much of the 32.6 million in sales was done as of March 31, 2017......safe to say it was a lot.

Based on my order tracking projections previously posted I had sales for January 1, 2017 - March 31, 2017 estimated at 17 million. Based on this new data I am leaning toward it being substantially higher in the $20 million plus range.

Source Notes:
* www.canopygrowth.com. Total sales from all financials to date. 2,371,351 + 12,699 =2,384,050 + 6,984,000 =9,368,050 + 8,498,000 = $17,866,050
* www.canopygrowth.com. Average sale price per gram from all financials to date. 7.30 + 7.34 =14.64 + 7.09 =21.73 + 7.01 =28.74 + 7.36 =36.1 ÷ 5 = $7.22
* https://www.newcannabisventures.com/canopy-growth-details-rigorous-testing-procedures/