Canopy Reports F2020 Earnings, Burning More Than $1.3B and Decreasing Canadian Production Capacity by 40%
Canopy Growth, the largest cannabis company in the world based on market cap, reported full year earnings for F2020, with a 73% increase in revenue year-over-year, however, its bottom line reached over C$1 billion in losses due to restructuring initiatives, costing upwards of C$700 million. [more]