Canopy Growth Corp (WEED)

[Bonno]

Well it is the only thing they can do; spin a terrible earnings report. And following the price action, it is working because CGC should be tanking on this pitiful report (but it is not). Amazing!. And I don’t mean in a good way.

It is not my intention to disparage anyone on this forum, and what you do with your hard-earned money is your prerogative, but looking at the balance sheet alone should give anyone with even limited financial literacy a cause for nightmares.

An expensive lottery ticket and a big big dream (a fantasy maybe). And US legalization will not solve the issues of a grossly underperforming operation.

Caveat Emptor!

Best of luck to you folks.


Good point. Would opening the US market give CGC the leg up they need or simply allow them an avenue to lose more money? Only half kidding, but if they have a hard time keeping expenses in check while focusing (largely) on the Canadian market, who is to say they can run their American operations smoothly and without big losses?