$Canopy Growth Corp (WEED.CA)$ The company simply can't affo...
That's why it has been selling businesses and moving to an asset-light model in recent years.
Alcoholic beverage maker Constellation Brands invested $4 billion in Canopy Growth in 2018 and that hefty cash balance allowed it to not worry about cash burn or a lack of profitability.
But that's not going to be the case in the future.
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