Marijuana producer Canopy Growth earnings drop as it plays the long game

Shares in Smiths Falls-based marijuana producer Canopy Growth climbed five per cent in early trading Wednesday despite missing analysts’ projections on third-quarter revenues and earnings.
Part of the momentum was provided by a same-day announcement by the Société des alcools du Québec. SAQ said it had signed letters of intent to purchase significant quantities of marijuana from key producers.
Canopy Growth will supply 12,000 kilograms per year, the same amount as Onta