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https://www.barrons.com/articles/canopy-growth-cgc-stock-earnings-51636121373

Canopy Growth Stock Sinks. It Will Take Longer to Achieve Profitability Than Expected.

By
Karishma Vanjani
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Canopy Growth sank Friday after the Canadian cannabis company reported a narrower fiscal second-quarter loss but pushed out its profitability target date.

The company posted an adjusted second-quarter loss of 3 cents a Canadian share vs. a year-earlier loss of 9 cents. The net loss was C$16.3 million, narrower than a loss of C$96.5 million last year. Canopy Growth (ticker: CGC) attributed the narrower loss to lower expenses in the quarter.

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