Canopy Growth Corp., Canadian cannabis reported a net loss of more than 128 million Canadian dollars ($95.7 million) in the first quarter of its fiscal year. However, its total revenue improved slightly on a quarterly basis as the company maintains its corporate transformation strategy. According to Canopy’s records, Net revenue for the quarter ended June 30 was CA$110.4 million, an increase of 2.3% from the previous quarter.
– Sean Hocking, Cannabis Law Report, 08/10/2020 8:03:15 PM