Canopy Growth Corporation Reports Second Quarter Fiscal 2019 Financial Results

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Go back to Canopy Growth Corporation Reports Second Quarter Fiscal 2019 Financial Results

Canopy Growth (CGC) Reports Q2 Loss of C$1.52/Share, Revenues Rise 33%

November 14, 2018 6:32 AM EST

Canopy Growth (NYSE: CGC) reported Q2 EPS of (C$1.52), versus (C$0.01) reported last year. Revenue for the quarter came in at C$23.3 million, versus C$17.6 million reported last year.

Management Commentary

"With extensive investments over the past year, including most notably in the second quarter, in branding and retail development, our entrance into the retail cannabis market has been a success with our SKU assortment... More