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Canopy Growth Records $81.4 Million in Consolidated Net Revenue for Q2

The Motley Fool +1 · ·by G4L

CGC
CGC Canopy Growth Corp
$0.62 -4.41%
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  1. 1Canopy Growth recorded a 22% year-over-year increase in consolidated net revenue for Q2.
  2. 2Canopy Growth achieved $66.2 million in cannabis revenue for Q2.
  3. 3CEO Luc Montagnon stated the company aims to achieve positive adjusted EBITDA in the second half of fiscal year 2027.

So what's the key point?

Canopy Growth's Q2 revenue increased by 22% compared to last year. The company plans to reach a state of operating profitability by the second half of 2027.

Source The Motley Fool +1 · View original ↗

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