Canopy Growth (CGC) Reports Q2 Loss of Cdn$0.09 on Revenues of Cdn$150.83M
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Canopy Growth Reports Second Quarter Fiscal 2021 Financial Results
November 9, 2020 6:00 AM ESTAchieved record quarterly net revenue of $135 millionÂ
Net Loss of $97 million; Adjusted EBITDA loss of $86 million, a 43% improvement versus Q2 FY20
Implementing initiatives to capture $150-$200 million of savings across our cost structure
Increased market share by 200 basis points in Canadian recreational market based on our proprietary market share tracker
Building momentum in the U.S. and establishing foundation for long-term leadership position
SMITHS FALLS, ON, Nov. 9, 2020 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company")... More
