Canopy Growth falls after Q2 results

Canopy Growth

08/11/2024 16:46

** Shares of pot producer Canopy Growth  WEED.TO  down 5.4%
at C$5.96
    ** Company reports Q2 loss of C$1.48 vs est. loss of 44
Canadian cents per share, according to data compiled by LSEG
    ** Q2 rev. fell 9% to C$63 mln ($45.29 mln) compared to a
year earlier, due to lower sales in the Canadian adult-use
cannabis segment
    ** Including sessions moves, stock is down 11.98% YTD
    
($1 = 1.3901 Canadian dollars)

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))