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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Cannabis
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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > How to lose money
View:
Post by lou64 on Nov 08, 2024 7:20am

How to lose money

  • Overall net revenue declined 9% YoY to $63MM
  • Operating loss increased to $46MM from $7MM in Q2 FY2024
  • Canada adult-use cannabis revenue declined 24%
  • Negative free cash flow of $56.4MM
  • Net loss from continuing operations of $131.6MM
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