Canopy Growth's strong quarterly revenues indicate that the company is already an early leader in Canada's marijuana market, an analyst says.
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Canopy Growth is rallying after beating on revenue, thanks to huge legal-marijuana sales in CanadaShares of Canopy Growth were up 5.57% to $48.69 apiece early Friday after the company reported Q3 revenue that topped Wall Street's expectations.
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Weed grower Canopy Growth set to rally after legal pot sales buoy revenue by 282%Cannabis producer Canopy Growth was set to rally Friday after it reported third-quarter revenue rose 282 percent over the last year.
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Pot company Canopy Growth posts nearly 300% sales jumpCannabis company Canopy Growth reported strong sales thanks to legal marijuana in Canada. The company, backed by Corona owner Constellation Brands, is hoping to expand in the US with hemp and CBD products following the passage of the Farm Bill.
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Canopy Growth co-CEO reveals top priorities for world’s largest legal marijuana companyCanopy Growth Corp. wants to remain the world’s largest legal pot producer, and to hear co-Chief Executive Bruce Linton tell it, has a detailed plan to stay there.
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Canopy Growth revenue beats expectations, rises 283% as it reports earnings
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Canopy Growth shows surging pot sales in late-arriving earnings reportThe largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening.
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Cannabis stocks mixed in choppy trade with Canopy Growth and Hexo in focusCannabis stocks were mixed on Tuesday, amid a flurry of announcements on the progress of medical and recreational-use bills around the U.S.
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Cannabis stocks climb after Canopy posts revenue jump and Aphria uncovers conflictsCannabis stocks were mostly higher Friday, as investors digested earnings from Canopy Growth Corp. and the news that Aphria Inc.’s probe of acquisitions in Latin America found certain board members had conflicts.
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Stocks making the biggest moves midday: XPO Logistics, Nvidia, Canopy & more
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Coca Cola slides after issuing a disappointing growth forecastCoca Cola dropped on Thursday after the company posted in-line earnings for the fourth quarter and provided a weak profit outlook.
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