Canopy reports record cannabis revenue but profit remains elusive

MJBizDaily
By Matt LamersNov 9, 2020, 9:17 am200 pts
Smiths Falls, Ontario-based Canopy Growth reported record net revenue of 135 million Canadian dollars ($104 million) in the second quarter ended Sept. 30, topping analyst expectations, along with a net loss of about CA$97 million. The revenue gain was led by dry bud sales in the Canadian recreational market,…

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