Canopy Growth Posts Fourth-Quarter Revenue Growth of 191%

Canopy Growth (WEED) (CGC) reported its earnings late on June 20. The company reported net sales of 94.1 million Canadian dollars in Q4, which beat analysts’ estimate of 91 million Canadian dollars. The company also reported annual sales of 226.3 million Canadian dollars, which fell short of analysts’ estimate of 229.1 million Canadian dollars.