Canopy Growth: Major 2.0 Flaws [Seeking Alpha]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Seeking Alpha
Summary Canopy Growth announced its cannabis-infused beverages aren't ready for production at scale. The Canadian cannabis sector is trying to sell edibles at a very high costs per mg of THC. The company is chasing a small portion of the U.S CBD market. The stock has no business being at a market cap of $8.5 billion with out-of-control expenses and flawed business plans. The market was shocked last week to find out that CGC cannabis-infused beverage production Constellation Brands STZ here Image Source: BC Cannabis Stores website Commercial Flaws On January 17, Canopy Growth announced that it hadn't been able to transition cannabis beverage production from lab scale to commercial scale. The company only had seven weeks after receiving the license from Health Canada to get the production line at its new facility up to speed. One can understand problems, but one can't understand how Canopy Growth took a month after launch to tell the public the company wasn't ready to produce THC bevera
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News
- Canopy Growth Corporation (CGC) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Weekly Roundup on the Cannabis Sector & Psychedelic Sector 11-11-2024 [Yahoo! Finance]Yahoo! Finance
- Canopy Growth (CGC) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial ResultsPR Newswire
CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website