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BUZZ-Canopy Growth falls after Q3 results

ReutersFeb 7, 2025 5:20 PM

Shares of pot producer Canopy Growth WEED.TO fall 24.3% to C$3.02

Company reports Q3 loss of C$1.11 per share vs est loss of 54 Canadian cents per share — data compiled by LSEG

WEED's Q3 net revenue fell 5% to C$74.76 million ($52.23 million) compared to a year earlier, due to lower sales in the Canadian adult-use cannabis segment

The segment's Q3 net revenue fell 10% to C$21.2 million compared to a year earlier

Including session's moves, stock down 22.8% YTD

($1 = 1.4314 Canadian dollars)

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