Replies to post #27785 on Canopy Growth Corp (WEED)

[OnlyGoLong]

Are you not factoring in revenue? Without legalization or oils they are tracking for about $8-10 mil in revenue over that span...

Burn rate was not $7mil, that's what they spent. But even if it was that's worst case scenario spending $14 mil, revenues of $8mil. That's $18mil on hand.

I'm going to bet there is some progress on international & oils in that time that will of course cost money but will raise valuation.

If you want a conservative lame grower why not stick with mettrum?

Canopy is in it to win it not to break even every quarter

[Wo]

Why would they be developing 50 and 100 litre extractors unless the smaller machines were bottlenecking expected orders? Dr's will readily prescribe a non smokable product, the liberals are in office.

Ru being intentionally pessimistic?

You were very bullish at $1.25

[MMPRuser]

Year to date, the gross margin, inclusive of the unrealized gain on changes in fair value of biological assets was $13,542,215, or 324% of sales, as compared to $284,646, or 56% of sales, last year for the same period.

They are NOT burning cash, they are turning cash into cannabis. Sales are increasing, 44% increase summer from previous quarter. Were they to continue 'burning' cash like this their vaults would be full of premium buds, oils and related product lins, their production facilities would continue to grow and expand to remain the best and biggest in Canada, and we would be investing more and more cash into R&D, Sales and Marketing, etc, etc, etc

bottom line - not going to happen. Sales are picking up, legalization is in the air, and the vault can only hold so much buds.

Gross margins of 4 than 9 million, when Smith Falls is fully online look to see those numbers rise by an order of magnitude - certainly on it's way there by the end of fiscal 2016

peace to all, best Thanksgiving I had in a long, long while yesterday - up 15% and I had a great visit with the family! Peace and love!