Canopy Growth (CGC) Reports Q4 Revenues of Cdn$115.07 million
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Canopy Growth Reports Full Year and 4th Quarter Fiscal 2020 Financial Results; Provides Strategic Review Update
May 29, 2020 7:00 AM EDTGenerated Net Revenue of $399 million in FY 2020, up 76% over FY 2019Â
In connection with previously announced organizational and strategic review, recorded impairment and restructuring charges of $743 million; the majority of which are non-cash charges
Gross Margin of (85)% in Q4 FY2020; excluding restructuring and other charges, achieved Adjusted Gross Margin of 42%
Net Loss of $1.3 billion; Adjusted EBITDA loss of $102 million in Q4 2020
SMITHS FALLS, ON, May 29, 2020 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:... More
