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Canopy Growth's BioSteel sports drink unit files for bankruptcy in a move to stem cash burn

Retrieved on: 2023-09-14 15:09:21

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Canopy Growth's BioSteel sports drink unit files for bankruptcy in a move to stem cash burn. View article details on HISWAI: https://www.morningstar.com/news/marketwatch/20230914469/canopy-growths-biosteel-sports-drink-unit-files-for-bankruptcy-in-a-move-to-stem-cash-burn

Excerpt

BioSteel "is a great brand," but that type of consumer-packaged goods requires "a lot of investment to grow" and it's not the best fit for a cannabis ...

Article found on: www.morningstar.com

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