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Canopy Growth, once a Canadian cannabis star, records a loss of $ 2.1 billion after a major devaluation

Canopy Growth, once a Canadian cannabis star, records a loss of $ 2.1 billion after a major devaluation

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Staff work in a marijuana grow room that can be viewed at the new visitor center at a Canopy Growth facility in Smiths Falls, Ontario. on 23 August 2018.Sean Kilpatrick / The Canadian Press Canadian Canopy Growth Corp. WEED-T posted a loss of $ 2.1 billion in the first quarter of its fiscal year 2023, …

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Is Beyond Meat now an “impossible” investment?

Is Beyond Meat now an “impossible” investment?

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Beyond Meat (BYND), the plant-based alternative to meat company, released a weak earnings report Thursday and now the stock is down 33% year to date. Does this present an opportunity for business-hungry traders to dig, or will buying now give investors indigestion later on? (And, what about those bonds?) Let’s tackle the earnings first. The …

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