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home / news releases / SPRWF - Canopy Growth: Another Rough Quarter

SPRWF - Canopy Growth: Another Rough Quarter

The Supreme Cannabis Company Inc
  • Canopy Growth reported another horrible quarter with an adjusted EBITDA loss of nearly C$100 million again.
  • The Canadian cannabis giant could only muster a gross margin of 14%.
  • A new restructuring plan doesn't go far enough to align costs with gross profits.
  • The stock remains far overvalued at C$11 billion, while a large cash position continues to bleed away.

For further details see:

Canopy Growth: Another Rough Quarter
Stock Information
Company Name: The Supreme Cannabis Company Inc
Stock Symbol: SPRWF
Market: OTC
Website: supreme.ca
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