Category: PMN Agriculture

Aug 10

Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Article content Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business. The Edmonton-based pot business revealed Thursday that its first quarter net loss amounted to $28.3 million compared with a net loss […]
Aug 9

Canopy Growth sees $42M net loss in Q1 as cost reduction efforts continue

Article content Canopy Growth Corp. reported a $42-million net loss in its most recent quarter, which its chief executive said was spent making “significant and sweeping changes” that left the cannabis business “simplified, asset-lite” and ready to complete in the turbulent pot market. Among the changes David Klein trumpeted on a Wednesday call with analysts […]