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Canopy Growth Reports $16.3M In Q2 Net Loss, Sales Of $131.4M, Pushes Out Positive Adjusted EBITDA Target

Canopy Growth Reports $16.3M In Q2 Net Loss, Sales Of $131.4M, Pushes Out Positive Adjusted EBITDA Target

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Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced its financial results Friday for the second quarter fiscal 2022 ended September 30, revealing a 3% year-over-year decline in net revenue to CA$131 million ($105.4 million). Total net cannabis revenue increased by 1% over the same period reaching CA$95 million in the second quarter of 2022.

...read full article on Benzinga

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