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Canopy Growth posts smaller quarterly loss, reiterates going concern doubts

(Reuters) -Canopy Growth again raised doubts about its ability to stay afloat as the Canadian pot producer's loss-making streak continued in the first quarter. Despite a strong start following the legalization of pot in Canada in 2018, the country's cannabis industry has faced intense competition from cheaper marijuana that is sourced illegally. Canopy had first raised the going concern doubts in June.
Shilpi Majumdar Sourasis Bose Shinjini Ganguli Exchange Commission Canopy Growth Smiths Fall
Source: yahoo.com

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