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Canopy Growth CEO Talks Latest Earnings I PA Cannabis Reform in Focus
Shadd Dales and Anthony Varrell sit down with Canopy Growth CEO Luc Mongeau to break down the company’s Q1 2025 earnings — and whether this could finally mark the beginning of a true turnaround.Mongeau took the reins in January, and while this wasn’t fully “his quarter,” early signs of change are showing. Adjusted EBITDA losses improved by 60%, and Canopy slashed its debt from $597M to $304M. Revenue remains pressured, but growth in medical cannabis and strength in Claybourne’s infused pre-rolls — now a top-3 product in Canada — are helping rebuild momentum. Mongeau brings a consumer packaged…
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