Canopy Growth will be the biggest winner in Canada’s $9 billion marijuana market


Canopy Growth on Thursday reported better-than-expected quarterly revenues thanks to huge legal-marijuana sales in Canada. Canopy’s recreational marijuana revenues were ahead of its one major competitor Aurora Cannabis’s adult use marijuana revenues. Canopy Growth will have a leading share position in the adult use market in Canada, a market that can increase to 12 billion Canadian dollars by 2025, according to Cowen analyst Vivien Azer. Watch Canopy Growth trade live.

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