(Bloomberg) — Canopy Growth Corp. shares fell to the lowest in nearly two years after the pot company reported revenue that missed the lowest analyst estimate and a loss that one analyst called “astounding.”The world’s largest cannabis company by market value also said it’s unlikely to meet its previous guidance of C$250 million in revenue by the fiscal fourth quarter, which ends March 31.Shares fell as much as 16% Thursday to C$20.55, the lowest since December 2017. The stock has lost more than 40% since the beginning of the year.Canopy took a restructuring charge of C$32.7 million ($24.6 million) for …read more
Source:: Yahoo Finance
