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JohnCM

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JohnCM

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Friday, 05/29/2020 7:56:01 AM

Friday, May 29, 2020 7:56:01 AM

Post# of 128668

CNBC

Canopy Growth — The cannabis producer lost $3.72 per share (Canadian) for its fiscal 4th quarter, including $743 million in impairment and restructuring charges. Analysts had predicted a loss of 59 cents per share. Revenue was short of forecasts, and the company said fiscal 2021 will be a transition year in which a strategy reset is fully implemented. Canopy also withdrew its financial outlook due to pandemic-related uncertainty.



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