1 Answers: Canopy Growth down 8% premarket after FQ2 miss

Question

It looks like huge expenses on marketing.

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Anonymous 6 months 1 Answer 46 views 0

Answer ( 1 )

  1. Yes they invested far too much in marketing and did not hit their revenue figures. If they did a better job investing and deploying their capital then they would not have seen such a big drop, or at all.

    The thing is the way a company uses it’s capital and the profit per share are important indicators. If a company falls short on such a crucial one then many top investors are out.

    Good management and a quality of investment of money in the company and all important here.

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