Will This Recently Announced Acquisition Make Canopy Growth Profitable at Last?
Canopy Growth (NASDAQ:CGC) has struggled to break even for years. Under then-CEO Bruce Linton, the company focused primarily on generating sales growth and uncovering more opportunities for the long term. However, now that sales growth is harder to achieve, and the pandemic shining a light on struggling businesses, investors aren't as willing to overlook a poor bottom line.
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