1. Canopy Posts $1.28B Non-Cash Loss

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Canopy Growth reported a net Q1 non-cash loss of $1.28B, along with net revenue of $90.5M, down from an already weak $94.1M the previous quarter. Analysts expected $109M or more in revenue. The company acknowledged it remains three to five years away from profitability.Globe and Mail

• The loss was connected with the extinguishment of $1.2B in warrants held by Constellation brands. In . . .
  

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