Canopy Growth Corp. reported a net loss of $216.8 million in its latest quarter compared with a loss of $264.4 million a year earlier.
The cannabis company says the loss amounted to $2.62 per diluted share for the quarter ended Dec. 31 compared with a loss of $5.34 per diluted share a year earlier when it had fewer shares outstanding.
Net revenue for what was the company’s third quarter totalled $78.5 million, down from $84.9 million in the same quarter a year earlier.
OBJ360 (Sponsored)
Esmee Bennison says she wasn’t sure what she wanted to do with her life back in Grade 11, when she enroled in a technological design class at uOttawa. She had
Deep retrofits, done differently: new model for building upgrades
Deep energy retrofits are complex and costly – but also unpredictable. Each building has its own unique characteristics, shaped by its history, systems, and structure. For Killam Apartment REIT and
Excluding the impact of the sale of its Canada national retail business, the company says consolidated net revenue grew by six per cent year-over-year.
Canada adult-use cannabis business-to-business net revenue rose nine per cent year-over-year, while Canadian medical cannabis net revenue climbed 11 per cent compared with a year earlier.
On an adjusted basis, Canopy says its earnings before interest, taxes, depreciation and amortization came to a loss of $9.0 million compared with a loss of $49.7 million a year earlier.
