Cannabis News Box

Canopy’s recreational cannabis segment is struggling

Canopy Growth Corporation (CNW Group/Canopy Growth Corporation)

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 22, 2020

Canadian cannabis company Canopy Growth Corp., is on a mission to restructure its business plan after suffering a CAD$1.3 billion (USD $944 million) blow to its finances. Based on a recent earnings report released by the company, Canopy's fourth quarter revenue for recreational Cannabis sales – for ...

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