: Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality of oversupply and overspending
Led by Cannabis Growth’s roughly $19 billion drop in market value, Canadian cannabis companies have lost more than $62 billion since their peak.
The town of Smiths Falls, Ont., cheered when Canopy Growth Corp. and its Tweed brand closed a purchase in 2017 of a famed Hershey chocolate plant that had sat vacant for years.As the first major Hers…