Canopy Growth Narrows Q3 Net Loss
ByAinvest
Friday, Feb 6, 2026 7:47 am ET1min read
CGC--
Canopy Growth, a Canadian cannabis company, reported a narrower Q3 net loss, despite a 2.8% increase in pre-market US trading. The company's revenue was $72.4 million, up 7% YoY, driven by strong sales of cannabis oil and softgel capsules. However, the net loss of $478.9 million was largely due to a non-cash impairment charge related to its BioSteel business.
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