Canopy Growth Reports 22% Year-over-Year Revenue Growth in Q2 FY27
Canopy Growth (CGC) reported a 22% year-over-year increase in net revenue for the second quarter of fiscal 2027. This growth was primarily driven by strong performance in overseas cannabis sales, helping to offset broader challenges within its domestic operations. Despite the top-line revenue growth, the company's overall quarterly results missed analyst expectations. The market is closely monitoring how Canopy Growth balances international expansion against regulatory and competitive pressures in its core Canadian markets.
Tickers: $CGC
Topics: cannabis quarterly earnings revenue growth