Tag: $4.5 billion cash

Canopy Growth’s (CGC.NYSE) Q4, 2019 results reported a net loss of $323 million Canadian dollars. That’s $41 loss per second. $2,500 per minute. $150,000 per hour. $3.6 million dollars a day. By any reasonable measure, that’s heavy bleeding. Yes – cannabis is a frontier market. It’s so new, it’s still bathed in amniotic fluid. Eighteen…