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Canopy Growth Raises $30 Million
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Canopy Growth Corp. is raising $30 million through a private placement to address debt and general corporate needs, following the shedding of assets and a significant annual loss.
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How does the troubled state of the cannabis industry affect the future of companies like Canopy Growth?
How might the private placement impact Canopy Growth's financial position and future growth prospects?
What strategies could Canopy Growth employ to turn its financial situation around?
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