Monday, May 22, 2017 9:43:00 PM
At the end of last reported quarter they had over $50 million in inventory, so I wondered how that might predict future revenue.
https://docs.google.com/spreadsheets/d/1sahLundaUycCosUkUWYHItLW1-57IEEbR64aPCjvWQg/edit?usp=sharing
Canopy Growth Corp usually sells between 22% and 35% of it's previous quarter's inventory.
I decided to look at revenue in this way because the ultimate revenue restraints is their available supply of cannabis. The last three reported quarters they put out over 30% of the previous quarter's inventory as revenue.
If this holds true for Q4 than revenue will be somewhere between $15 and $18 million. (31% to 35%)
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