{"id":42846,"date":"2020-05-29T10:55:00","date_gmt":"2020-05-29T18:55:00","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/05\/29\/cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-3-billion-loss\/"},"modified":"2020-05-29T13:45:25","modified_gmt":"2020-05-29T21:45:25","slug":"cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-3-billion-loss","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/05\/29\/cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-3-billion-loss\/","title":{"rendered":"Cannabis firm Canopy Growth reshapes strategy after reporting CA$1.3 billion loss"},"content":{"rendered":"<\/p>\n<p>International cannabis giant Canopy Growth Corp. lost ground in Canada\u2019s growing recreational marijuana market in its fourth quarter, with net revenue dropping 13% compared to the previous quarter. Canopy posted a fourth-quarter net loss of 1.3 billion Canadian dollars ($944 million) and an adjusted EBITDA loss of CA$102 million. Recreational marijuana revenue tumbled 28% from [\u2026]<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-billion-loss\/\">Cannabis firm Canopy Growth reshapes strategy after reporting CA$1.3 billion loss<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-billion-loss\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cannabis firm Canopy Growth reshapes strategy after reporting CA.3 billion loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International cannabis giant Canopy Growth Corp. lost ground in Canada\u2019s growing recreational marijuana market in its fourth quarter, with net revenue dropping 13% compared to the previous quarter. Canopy posted a fourth-quarter net loss of 1.3 billion Canadian dollars ($944 million) and an adjusted EBITDA loss of CA$102 million. Recreational<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/05\/29\/cannabis-firm-canopy-growth-reshapes-strategy-after-reporting-ca1-3-billion-loss\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":395,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9657,705,461,13218,9658,2786],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/42846"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=42846"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/42846\/revisions"}],"predecessor-version":[{"id":42847,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/42846\/revisions\/42847"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=42846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=42846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=42846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}