Canopy Growth posts smaller-than-expected core loss as costs drop

 Canopy Growth posts smaller-than-expected core loss as costs drop

Its U.S.-listed shares were up 3.3% at $7.15 in premarket trading. Canopy Growth’s quarterly operating expenses fell 23.7% to C$52.1 million ($37.92 million)…

(Reuters) – Canadian pot firm Canopy Growth reported a smaller-than-expected core loss for the first quarter on Friday, helped by lower operating expenses and stronger demand for medical cannabis.
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