{"id":66206,"date":"2023-06-27T04:29:27","date_gmt":"2023-06-27T12:29:27","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/06\/27\/canopy-growth-once-worth-19-billion-is-now-heading-to-zero\/"},"modified":"2023-06-27T05:45:51","modified_gmt":"2023-06-27T13:45:51","slug":"canopy-growth-once-worth-19-billion-is-now-heading-to-zero","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/06\/27\/canopy-growth-once-worth-19-billion-is-now-heading-to-zero\/","title":{"rendered":"Canopy Growth once worth $19 billion is now heading to zero"},"content":{"rendered":"<p> <span class=\"field field--name-title field--type-string field--label-hidden\">Canopy Growth once worth $19 billion is now heading to zero<\/span><\/p>\n<figure class=\"field field--name-field-image-media field--type-entity-reference field--label-hidden field__items\">\n<div class=\"media-image view-mode-teaser-landscape\">\n<figure class=\"field field--name-field-media-image field--type-image field--label-visually_hidden field__items\">\n<div class=\"field__label visually-hidden\">Image<\/div>\n<p>              <img src=\"https:\/\/cannabiscultivatornews.com\/home\/wp-content\/uploads\/2023\/06\/Canopy20Growth20once20worth20241920billion20is20now20heading20to20zero.jpg\" width=\"500\" height=\"300\" alt=\"Canopy Growth once worth $19 billion is now heading to zero\" loading=\"lazy\" class=\"img-fluid\" \/><\/figure>\n<\/div>\n<\/figure>\n<p><span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/420intel.com\/users\/cannabis-news\" class=\"username\">Cannabis News<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">June 27, 2023<\/span>\n    <\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__items\">\n<p>Canopy Growth shares were under pressure for a second day as analysts questioned whether the Canadian cannabis grower could reduce its cash burn and turnaround operations. Benchmark slashed its price target on the firm to zero. The stock has dropped 78% this year amid a broader selloff in the<\/p>\n<\/p><\/div>\n<ul class=\"display-list inline-list field field--name-field-tags field--type-entity-reference field--label-hidden field__items\">\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/cannabis-technology-news\">Cannabis Technology News<\/a>\n            <\/li>\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/marijuana-politics\">Marijuana Politics<\/a>\n            <\/li>\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/marijuana-business-news\">Marijuana Business News<\/a>\n            <\/li>\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/cannabis-jobs\">Cannabis Jobs<\/a>\n            <\/li>\n<\/ul>\n<div class=\"field field--name-field-source field--type-link field--label-hidden field__items\">\n<div class=\"field__item\">\n        <a href=\"https:\/\/fortune.com\/2023\/06\/26\/cannabis-pot-marijuana-canopy-growth-shares-analyst-zero-price-target\/\">Fortune<\/a>\n            <\/div>\n<\/p><\/div>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/420intel.com\/articles\/2023\/06\/27\/canopy-growth-once-worth-19-billion-now-heading-zero\" target=\"_blank\" rel=\"noopener\">Canopy Growth once worth  billion is now heading to zero<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canopy Growth once worth $19 billion is now heading to zero Image Cannabis News June 27, 2023 Canopy Growth shares were under pressure for a second day as analysts questioned whether the Canadian cannabis grower could reduce its cash burn and turnaround operations. Benchmark slashed its price target on the<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/06\/27\/canopy-growth-once-worth-19-billion-is-now-heading-to-zero\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":535,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/66206"}],"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\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=66206"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/66206\/revisions"}],"predecessor-version":[{"id":66207,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/66206\/revisions\/66207"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=66206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=66206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=66206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}