Canopy Growth Reaffirms Expectation To Achieve Positive Adjusted EBITDA In All Business Units Exiting FY2024
Portfolio Pulse from Benzinga Newsdesk
Canopy Growth Corporation has reaffirmed its expectation to achieve positive adjusted EBITDA in all business units by the end of FY2024.
November 09, 2023 | 10:07 pm
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POSITIVE IMPACT
Canopy Growth Corporation's reaffirmation of positive adjusted EBITDA in all business units by FY2024 could potentially boost investor confidence.
The reaffirmation of positive adjusted EBITDA by Canopy Growth Corporation indicates a strong financial outlook for the company. This could potentially lead to an increase in stock price as it may boost investor confidence in the company's future profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100