Canopy targets marijuana profitability in wake of CA$830 million quarterly loss

On: February 9, 2021

Canadian cannabis producer Canopy Growth said its business transformation is taking shape despite a net loss of 829.3 million Canadian dollars ($651 million) for the third quarter of its 2021 fiscal year. Among other new financial targets, the Smiths Falls, Ontario-based company is now aiming for positive adjusted EBITDA, a measure of profitability, during the […]

Canopy targets marijuana profitability in wake of CA$830 million quarterly loss is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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