The coronavirus is hammering everyone with every new announced case and death. Companies are cancelling meetings and going virtual. Airlines are getting hammered. The unintended consequences of trying to stem the spread of the virus is going to be devastating to earnings all around.
CGC, shuttering cultivation facilities should be considered a "wake-up" moment for another big LP that's going to put them on a clearer path towards profitability.
Give credit to new top mgmt and BoD members for taking action.
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