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Stocks in play: Canopy Growth Corporation

Baystreet.ca

Announced its financial results for the second quarter ended September 30, 2019. Consolidated Q2 2020 gross revenue, excluding the portfolio restructuring costs, was up 6% to $118.3 million. Cannabis gross revenues for Q2 2020, excluding the portfolio restructuring costs, was $94.7 million, an increase of 2% over Q1 2020. The Company ended Q2 2020 with $2.7 billion in cash and cash equivalents and marketable securities available for sale, with its Canadian Infrastructure and global M&A programs substantially completed. Canopy Growth Corporation shares T.WEED are trading down $3.58 at $20.87.

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