Canopy Growth drops after worse than expected Q3 loss

Close up image of wooden cubes with alphabet Q3 on office desk.

mohd izzuan

Canopy Growth (NASDAQ:CGC) shares lost ~15% in the premarket on Friday after the Canadian cannabis operator reported a wider-than-anticipated loss for Q3 fiscal 2025 driven by declining revenue and gross margins.

Despite a ~60% YoY improvement from the prior-year quarter, the company’s diluted

Leave a Reply

Your email address will not be published. Required fields are marked *