I disagree. CGC is the best choice imo for any cannibis related stock in canada. Simply discounting everything they have achieved and saying a that few business related mistakes will cause its downfall is narrow minded.
Betting on beverages is a great idea. In fact anything that can be consumed via alternative pathways to inhalation will be very profitable. If CGC can nail down a great beverage line they will dominate a niche part of the market. Even better they have constellation to back them.
STEP back from the CGC pipe to see reality !! first it was CV and now it's the write down(s)? PLEASE make up your mind. lol we all know stocks are traded on the future earnings and those earning are whacked by closing GROWS.. so the future does NOT look good for CGC.. shorts will have a ball with CGC..
Maybe that's why STZ fired Bruce due to the excessive spending..
and btw- closing the grows does NOT help with the bottom line.. letting 500 employees go does.