Cannabis company says it remains on the path to profitability in the coming fiscal year.
The loss amounted to $2.43 per diluted share for the quarter ended Dec. 31, compared with a loss of $109.6 million or 26 cents per share a year earlier.
Cannabis company says cuts affect employees at its Niagara-on-the-Lake and Smiths Falls locations.
Smiths Falls-based company says recreational sales fell when it was forced to close its 22 stores until mid-May during the COVID-19 crisis.
‘Being first isn't a sustainable strategy’
Canopy Growth Corp. has signed a deal to buy Ebbu Inc., a Colorado-based hemp researcher, in a stock-and-cash deal worth more than $425 million.
Ottawa-area medical marijuana grower Canopy Growth Corp.
He might be riding his proposal for a privately backed commuter train into uncharted territory, but that hasn’t dampened Joseph Potvin’s sense of optimism.
A private-sector group is proposing a new passenger railway for the Ottawa region. By Jacob Serebrin