Canopy Growth Targets Increased Flower Output in Kincardine and Positive EBITDA by H2 FY2027
Canopy Growth Corporation reported continued momentum in its second quarter of fiscal 2027, highlighted by strong year-over-year top-line growth across most business segments. The company is focusing on operational scaling, specifically targeting a 25% to 30% increase in flower output from its Kincardine facility. Management remains committed to its long-term profitability roadmap, stating that the company is on track to achieve positive adjusted EBITDA by the second half of fiscal year 2027. This strategic focus aims to leverage increased production capacity to drive revenue growth and stabilize financial performance.
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Topics: earnings fiscal results revenue growth