Canopy Growth’s earnings disappointment delivers fresh pain in brutal stretch for can

[NewsFeeder]

Canopy Growth’s earnings disappointment delivers fresh pain in brutal stretch for cannabis stocks

Canopy Growth Corp. shares slide more than 17% Thursday and pulls rivals lower after the company posts weaker-than-expected earnings for its fiscal second quarter in the latest blow for the troubled cannabis sector.

https://finance.yahoo.com/m/4257e6a...57f70/canopy-growth’s-earnings.html?.tsrc=rss

 

[James48843]

this sucks.
Earnings are down, only because production outpaced demand.

You gotta know that in a year or two or three, demand will catch up.