“We had expected only small improvements from the prior quarter, but Canopy is showing a meaningful progression,” Kirk wrote in a note. “That said, the path to profitability still remains very unclear.”
Interesting article about the earnings from Canopy and where it might be going from here. I say the bottom for the whole industry is in, and it's a good time to buy, that's what I plan on doing. Next on my watch list is Cronos in two weeks, hope they can keep the rally going....
Read the full story here....
https://finance.yahoo.com/news/canopy-jumps-20-beating-expectations-125046592.html