Canopy Growth’s Latest Results Can Be Wrapped Up in One Word: Ugly

reported its fiscal fourth-quarter performance late on Thursday…. like four hours after the exchanges had rung their closing bells. Canopy Growth went to the tape with a loss per share of C$0.98 on revenue generation of C$94.1 million. The revenue number did just manage to beat expectations on whopping year-over-year growth of 312.5%, but with far-pedestrian sequential growth of 13%.

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