Canopy Growth Corp (WEED)

[borysek]

...Quote :

"We expect at least another $300 million of cash burn through the next 3 quarters. Alongside the principal redemption of remaining 2023 notes, CGC will have $700 million of cash on the balance sheet versus its $1.25 billion of remaining debt. That is not terminal by itself but not worthy of investing either. We resume our Sell rating on this stock with a price target of $1.00 (1X sales) per share. "
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any comment ? ...