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awesomesound

06/02/21 11:28 AM

#123943 RE: dtwiddle #123942

Since Constellation Brands announced its $5 billion investment into Canopy Growth in October 2018, Canopy has lost ~$3.5 billion.

Updated: Canopy Growth net losses for fiscal years ended March 31:

2015—$9.3 million (15 months)
2016—$3.5 million
2017—$7.6 million
2018—$67.3 million
2019—$712 million
2020—$1.4 Billion
2021—$1.6 Billion



No other way to say this but FAILURE and SHAREHOLDERS investments are at risk.
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borysek

06/02/21 11:34 AM

#123944 RE: dtwiddle #123942

that what I say all the time ..... sell price below production cost ... they cannot go like that forever ..... Canopy only survives because Constellation cash injection ..