Company says a formula error in a spreadsheet led it to overstate one metric, highlighting some of the teething problems showing up in the early days of the new legal sector.
Similar Stories to Cannabis Watch: Canopy Growth Weighs On Cannabis Sector After Restating One Earnings Metric on Bing News
MarketWatch.com - Top Stories, MarketWatch
Thu, 02/21/2019 - 9:41am
BING NEWS:
- Piper Sandler Maintains Underweight On Canopy Growth Stock, Calls Cannabis Rescheduling 'Largely Symbolic'
Canopy Growth has streamlined its portfolio through divestitures, focusing on becoming an asset-light, cannabis-centric company. Its primary market remains Canada, but it also sees potential in ...
05/31/2024 - 11:35 am | View Link - Flora Growth Corp. (FLGC)
Flora Growth is strategizing on cannabis reform to its reverse financial trend. Key Takeaways; Psychedelic Sector Enveric Biosciences ...
05/31/2024 - 4:59 am | View Link - Canopy Growth's Earnings: Profitability Despite Industry Shifts
Canopy Growth Corporation (NASDAQ: CGC) is a leading producer and distributor of cannabis and cannabis-derived products. Canopy Growth's earnings report for the fourth quarter and fiscal year was ...
05/31/2024 - 12:30 am | View Link - Cannabis company Canopy Growth loss narrows as operating expenses drop
Canopy Growth’s CGC, +5.29% WEED, +8.97% fourth-quarter loss narrowed to C$92.3 million, or C$1.03 a share, from C$640.1 million, or C$12.83 a share, in the year-ago quarter.
05/30/2024 - 3:12 am | View Link - Canopy Growth Q4 Earnings Preview: Flat results expected this quarter as market evolves
Canopy Growth (CGC) is set to announce Q4 earnings with analysts expecting a loss of $0.23 per share on revenue of $53.24M.
05/29/2024 - 6:39 am | View Link - More
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