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Published 1 year ago

Cannabis company Canopy Growth reports Q3 loss, revenue down from year ago

Summary by Ground News
Canopy Growth Corp. reported a loss in its latest quarter as its revenue fell compared with a year ago. The cannabis company says its net loss amounted to $231.9 million or 47 cents per diluted share. Canopy says the drop in revenue was due to increased competition in the Canadian adult-use cannabis market.

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