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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Post by proneon May 20, 2021 4:21pm
133 Views
Post# 33242262

Partner going for gold ....

Partner going for gold ....

BRIEF-TerrAscend Reports Qtrly Net Sales Increased 106% To $53.4 Mln

7:37AM ET on Wednesday May 19, 2021 by Thomson Reuters
Companies Mentioned: TER
 

May 19 (Reuters) - TERRASCEND:

* TERRASCEND - QTRLY NET SALES INCREASED 106% TO $53.4 MILLION; QTRLY LOSS PER SHARE $0.08

* TERRASCEND - QTRLY ADJUSTED EBITDA OF $22.6 MILLION VERSUS $3.7 MILLION; QTRLY ADJUSTED. GROSS PROFIT MARGIN INCREASED TO 65% VERSUS 45%

* TERRASCEND - RAISES FY 2021 GUIDANCE FOR NET SALES TO EXCEED $300 MILLION & ADJUSTED EBITDA TO EXCEED $128 MILLION

* TERRASCEND - PREPARING TO MEET REQUIREMENTS NECESSARY FOR SECURITIES TO BE TRADED ON A NATIONAL U.S. EXCHANGE SHOULD IT BECOME PERMISSIBLE BY LAW Source text for Eikon: [ID: nCNWgg5Vka] Further company coverage:

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