Replies to post #10925 on Canopy Growth Corp (WEED)

[Bergycb]

Good find, so if they sold all of that in aug, sept and oct, only two of those months were in q2. No? But i guess you assume they sold all of that in aug and sept. We shall see

[TMEvans]

Not that I want to encourage overly exuberant predictions, but I would point out that inventories are recorded at the lower of cost or realizable value...So,there is an argument to be made that the market value of the inventories being discussed could in fact be higher!

That said, I prefer to err on the side of conservatism, and there is much that can happen to inventories besides selling them... Spoilage, damage, "shrinkage"

I do believe they have been ramping production... Time will tell by how much... I feel that the December quarter will be a particularly exciting one.

Glad to have GMP telling the story too... I have heard that a few of their principals were investors in the private placements done prior to the going public transaction.