TORONTO - Licensed marijuana producer Canopy Growth Corp. more than doubled its third-quarter revenue compared with a year ago but fell short of analysts' expectations for even stronger sales. The Smiths Falls, Ont.-based company reported revenue of $21.7 million for the quarter ended Dec. 31, more than double the $9.8 million earned in the last three months of 2016. The results were driven by a significant increase in domestic sales as well as ...
02-15-2018, 12:26 AM
Canopy Growth more than doubles revenue
TORONTO - Licensed marijuana producer Canopy Growth Corp. more than doubled its third-quarter revenue compared with a year ago but fell short of analysts' expectations for even stronger sales. The Smiths Falls, Ont.-based company reported revenue of $21.7 million for the quarter ended Dec. 31, more than double the $9.8 million earned in the last three months of 2016. The results were driven by a significant increase in domestic sales as well as ...
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