UPDATE ON JUNE FINANCIAL REPORTUPDATE FOR Q4 FY17 Revenu :
50,000 patients X 7.12$ per gram X 15 grams per month X 3 months =
16 M$ revenu for Q4 FY17 as compared to 9.8M$ for Q3 FY17
Financial results for FY17 Revenu = 7.0M$ + 8.5M$ + 9.8M$ + 16M$ = 41.3M$ (yessssss)
SEE (Feb. 14 release)
Third Quarter Fiscal 2017 Revenue Review
Revenue for the third quarter fiscal 2017 was $9.8 million, a 15% increase over the second quarter fiscal 2017 in which revenue was $8.5 million and an increase of 180% over the prior year period in which revenue was $3.5 million. Revenue year-to-date in fiscal 2017 totaled $25.2 million, an increase of 230% over the prior year period when revenue was $7.7 million.
During the third quarter fiscal 2017, Canopy Growth sold 1,245 kilograms and kilogram equivalents at an average price of $7.36 per gram, up from 462 kilograms at an average price of $7.34 per gram during the prior year period. Year-to-date, the Company has sold 3,399 kilograms and kilogram equivalents at an average price of $7.12 per gram compared to 996 kilograms at an average price of $7.49 per gram in same period last year.
Third Quarter Fiscal 2017 Highlights
The Company had over 29,000 registered patients at December 31, 2016 compared to
over 8,000 at December 31, 2015
SEE (March 29 release)
Starting in early April, 2017, Tweed’s new online store, Tweed Main Street, will be the go-to place for the over 50,000 Canadians who are registered with Tweed