Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results

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Canopy Growth (WEED:CN) (CGC) PT Lowered to Cdn$30.50 at Cantor Fitzgerald

June 1, 2021 10:15 AM EDT

Cantor Fitzgerald analyst Pablo Zuanic lowered the price target on Canopy Growth (WEED:CN) (NASDAQ: CGC) to Cdn$30.50 (from Cdn$32.00) while maintaining a Neutral rating.

The analyst commented, "Canopy Growth reported Mar qtr results this morning (fiscal 4Q21) and will host a call at 10am ET.... More

Canopy Growth (CGC) Reports Q4 Loss of C$1.85/sh

June 1, 2021 7:08 AM EDT

Canopy Growth (NASDAQ: CGC) reported Q4 EPS of (Cdn$1.85), versus (Cdn$3.72) reported last year. Revenue for the quarter came in at Cdn$148.4 million, versus Cdn$107.91 million reported last year.

Company on track to achieve positive Adjusted EBITDA during the second half of FY 2022 and... More