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Home / Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Posted on August 5, 2022August 5, 2022 by admin

Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter.
Source: ctv business
Canopy Growth sees B net loss as Ontario cannabis company takes large writedown

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