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Canopy Posts Significant Loss, Declining REC and MED Sales

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By Jesse Staniforth
06/22/2019 10:18 AM GMT-0700
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Canopy reported REC sales down slightly in Q3, compared with its sales in Q2, which ended just after legalizationose last two weeks were the first of legalization. At the same time, the company posted a net loss attributable to shareholders of $335.6M, up from $61.5M one year ago. The loss was three times greater than analysts had expected.CBC Business

  • CEO Bruce Linton said the loss was neces

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