Canopy Growth Smashes Huge Setback, Due to Cash Burn

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) slid in early trading on Friday after the company said it lost over C$2 billion in the second quarter– as falling margins and weak sales continue to plague the industry. The company announced its financial results for the first quarter ending June 30, 2022 The Smiths Falls, Ontario-based cannabis company delivered total …

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