Canopy Growth shares sink after reporting another billion-dollar loss

Mugglehead
By Jared GnamMay 29, 2020, 8:37 pm276 pts
Canopy Growth Corp. (TSX: WEED) disclosed yet another billion-dollar loss, as the world’s largest cannabis company continues its strategy reset in search for profits. On Friday, the Ontario-based producer reported a net loss of $1.3 billion for its fiscal fourth quarter ending March 31, nearly matching the…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

US House Committee Approves Bill to Close THCA ‘Loophole,’ Ban Intoxicating Hemp Products 48

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.