Canopy Growth Corp. reported a loss of $121.9 million in its latest quarter compared with a loss of $216.8 million in the same quarter a year earlier.
The cannabis company says the loss amounted to $1.11 per diluted share for the quarter ended Dec. 31.
The result compared with a loss of $2.62 per diluted share a year earlier.
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Preparation is key to preventing legal consequences for dismissal, according to Emond Harnden LLP
Companies contending with the difficult process of dismissing an employee must be very careful about their actions, or face potentially serious legal consequences. Being proactive about maintaining accurate and detailed
Preparation is key to preventing legal consequences for dismissal, according to Emond Harnden LLP
Companies contending with the difficult process of dismissing an employee must be very careful about their actions, or face potentially serious legal consequences. Being proactive about maintaining accurate and detailed
Net revenue for what was the company’s third quarter totalled $74.8 million, down from $78.5 million a year ago.
Excluding businesses sold during its prior financial year, Canopy says net revenue was up eight per cent compared with a year ago.
The company says the increase was helped by strength in its Canadian medical cannabis sales, Storz & Bickel vaporizer business and international cannabis operations.
This report by The Canadian Press was first published Feb. 7, 2025.
