Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :


By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :


Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Canopy Growth Reports Better-Than-Expected Quarterly Revenue

Stockhouse Editorial
0 Comments| June 21, 2019

Canadian medical cannabis LP Canopy Growth Corp (T.WEED) reported annual net revenue growth of 191% on Thursday to $226.3 million .

This better-than-expected quarterly result is the latest from the industry to demonstrate its success in pouring money into operations, expanding endeavours and opening stores across the country.

That eclipses IBES data from Refinitiv, where analysts had expected Canopy Growth to report revenue of $92.6 million .

Canopy Growth added that $5 billion investment secured from Constellation Brands is being deployed to accelerate global expansion, along with plans to expand into the United States’ CBD market following passage of the 2018 Farm Bill.

Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

Metals & Mining

Interested in these industries and sectors?

You are already a member! Please enter your password to sign in.


No comments yet. Be first to comment!

Leave a Comment

You must be logged in to access this feature.


Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.