Canopy Growth Corp (WEED)

[john1311]

Canopy Growth Reports First Quarter Fiscal 2021 Financial Results
August 10th, 2020

Transformation strategy gains traction

Net Revenue of $110 million increases 22% over Q1 FY20

Net Loss of $128 million; Adjusted EBITDA loss of $92 million narrows versus Q1 FY20

Established leadership position in growing cannabis-infused beverage segment; shipping +1.2mm cans to Canadian provinces since launch

Strengthened foothold in U.S. market with launch of shopcanopy.com

SMITHS FALLS, ON — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) today announced its financial results for the first quarter fiscal 2021 ended June 30, 2020. All financial information in this press release is reported in millions of Canadian dollars, unless otherwise indicated.


https://www.canopygrowth.com/investors/news-releases/canopy-growth-reports-first-quarter-fiscal-2021-financial-results/?mc_cid=1d29959b23&mc_eid=5b15b1dc33