No one ( except you apparently ) is valuing Canopy on last qts income statement . They are trying to project future sales growth , sales to Germany etc and trying to determine when and how much of the cash generated from sales will drop to the bottom line ...rather then be used for acquisitions . Keep in mind that Canopy has been on a "land grab " and building out the infrastructure , forming partnerships in preparation for rec legalization and exports .....making a lot of $ is not their prime focus at this time.
Lol burn your fuckin textbook and realize what's happened and what's going to happen there is the overseas play it's not only Canada.. Canopy wants in every market where legal to do..... W.e I know you'll keep a eye on this stock even though you sold because you know something about these valuations don't matter infront of a revolution.... Man you can buy a legal WEED stock where WEED is illegal most of the world.... What does that tell you which way the plants heading............. Can you buy a COCAine stock????