Canopy Growth: Let's Be Realistic

|
About: Canopy Growth Corporation (CGC)
by: Jonathan Cooper
This article is exclusive for subscribers.
Jonathan Cooper
Long/short equity, growth at reasonable price, contrarian, long-term horizon
Summary

The week of Feb. 11th includes several key earnings dates for Canadian cannabis.

Perhaps the most important is Canopy Growth.

Analysts estimate C$85 million in revenue - an estimate which was unchanged even as Aurora suggests analyst estimates were too optimistic.

Based on my analysis, I expect Canopy Growth to have the largest market share in Canadian cannabis.

I also expect Canopy Growth to miss the C$85 million analyst estimate.

Earnings Week in Cannabis

The week of Feb. 11-15 is the biggest week of the quarterly cannabis earnings calendar that I maintain on The Growth Operation. During this week, at least two - and