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4 Times When Cannabis Companies Badly Missed Their Forecasts

It's easy for investors to get caught up in the hype surrounding the cannabis industry, especially when expectations are sky-high. There are plenty of examples of cannabis companies falling short of their own expectations. In April 2019, then-CEO Bruce Linton projected that Canopy Growth (NYSE: CGC) would generate over 1 billion Canadian dollars ($744 million) in revenue over a 12-month period starting April 1, 2019, which is the start of the company's fiscal year. Read More...

4 Times When Cannabis Companies Badly Missed Their Forecasts

It’s easy for investors to get caught up in the hype surrounding the cannabis industry, especially when expectations are sky-high. There are plenty of examples of cannabis companies falling short of their own expectations. In April 2019, then-CEO Bruce Linton projected that Canopy Growth (NYSE: CGC) would generate over 1 billion Canadian dollars ($744 million) in revenue over a 12-month period starting April 1, 2019, which is the start of the company’s fiscal year.

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