CGC - Canopy Growth: Why Thursday's Earnings Might Not Matter
Canopy Growth (CGC) is scheduled to release results for its third-quarter fiscal 2019 which ended on December 30, 2018. While the company reported a weaker-than-expected quarter last time, investors have largely shrugged off the muted near-term financial results to focus on its expanded market opportunities. Its recent entry into the U.S. hemp market positions the company well should the U.S. legalize cannabis federally. We will discuss what to expect on Thursday and why it might not matter that much after all.
(All amounts in C$ unless other noted.)
Earnings Preview
After Canopy released