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...
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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