Canopy Growth Corp (WEED)

[Dogger05]

And it’s not that we simply said this company is bad, we provided sound rationale for it. Gross margin is the only indicator needed to understand if a company has the ability to make profits. Minus 13 gross margin is ridiculously bad and will lead to bankruptcy in very short order. It indicates a business is not sustainable in the long run, and hoping the company can turn things around is foolish because once embedded in the operations its nearly impossible to fix. Believe me, I witnessed it countless times when I was a commercial banker for a big 5 bank here in Canada.