Thursday, December 13, 2018 8:39:53 AM
most analysts predict small net loss of 10c/sh ($33M)...and I am at ease with it....the business structure of Canopy is complicated....
management deals with 10 different production sites,it creates a challenge...it cost a lot of extra money for expansive separate equipment for each site,higher energy cost,big overhead cost,bigger labour cost ....but I understand it....and take it.
the real challenge will be REVENUE....if REVENUE will not meet analyst prediction the company is in big problem!!...BIG TIME..
good REVENUE is like a green lights for the future earning...and high price..
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