One of Canada’s best known cannabis and consumer packaged goods companies posted significant improvements in free cash flow, gross profitability and adjusted EBITDA in Q1 fiscal 2025, though the business continues to hemorrhage cash. Revenue declined 13 per cent to C$66 million because of divested businesses.
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(Source: Canopy Growth)
Weekly Update – Top Cannabis News Stories
1 | Top Story: Tilray to acquire four craft beer breweries from Molson Coors
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(Top photo: File)