Thursday, June 29, 2017 12:10:12 PM
I think we can all just agree this is currently a shyt company but with a world of potential.
The revs this Q were pathetic. Haven't really been following pot stocks lately due to disinterest. But I was expecting far better sales here nearing $20mm
I think the only hope for a 30% swing in the near term is a buyout.
Someone with very deep pockets is going to swallow up Canopy at a steep premium, put in their own SOP's and turn this into a sustainable, profitable business. Until then it's acquire a bigger footprint and have sh's flip the bill. Hype carried this company thus far. Nothing more.
We're a couple years away from parabolic growth. IMO. But it's money in the bank I guess.
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