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Benzinga
Benzinga
Business
Jelena Martinovic

Canopy Growth Shares Are Trading Higher Today, Analysts Tell Us Why

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) reported its financial results Wednesday for the third quarter fiscal 2022 ended December 31, 2021, revealing a decline of 8% sequentially in net revenue to CA$141 million (US$111.12 million).

Cantor Fitzgerald’s analyst Pablo Zuanic said sales were in line with his estimate.

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