Canopy Growth sees 7% Q4 net revenue increase, with Storz & Bickel subsidiary's net revenue jumping 43% YoY, and Canada's cannabis net revenue up 4%.

Canopy Growth reported a 7% increase in Q4 net revenue, with their Storz & Bickel subsidiary's net revenue surging 43% YoY to CA$22m. Canada's cannabis net revenue increased 4% YoY, led by a 16% increase in the medical cannabis business. The company aims for positive Consolidated Adjusted EBITDA and plans to capitalize on positive cannabis regulatory shifts in Germany and the UK.