Canopy Growth Reports Second Quarter Fiscal 2021 Financial Results

Achieved record quarterly net revenue of $135 million Net Loss of $97 million; Adjusted EBITDA loss of $86 million, a 43% improvement versus Q2 FY20Implementing initiatives to capture $150-$200 million of savings across our cost structureIncreased market share by 200 basis points in Canadian recreational market based on our proprietary market share trackerBuilding momentum in the U. and establishing foundation for long-term leadership positionSMITHS FALLS, ON, Nov. …read more

Source:: Yahoo Finance

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