Not what we needed to see!Likely to be a very painful day tomorrow in the sector..Even if a company is a world class act and the best value in the sector, we will be "guilty by association"... it's hard to make much headway when we see results like this. Maybe Bruce Linton is glad he is gone and out of the pressure cooker..
Canopy Growth Posts $1.28 Billion Net Loss in Q1 2020
Canopy Growth Crop posted an over one billion dollar loss in the first quarter of fiscal year 2020 for the firm. The loss came in at over $1.28 billion on a net basis, with net revenues of $90.5 million for the quarter.
Read more at https://stockhouse.com/companies/bullboard?symbol=t.weed&postid=30029208#QA2kuDDYcr4f8vQ1.99