Earnings Roundup: Aurora, Canopy, Cronos, and Tilray Report Their Quarterly Results
"Ugly," "yuck," and "disappointment" are probably the first three words that come to mind when investors pore over the latest quarterly operating results from the marijuana industry's "Big Four" -- Canopy Growth (NYSE: CGC), Aurora Cannabis (NYSE: ACB), Cronos Group (NASDAQ: CRON), and Tilray (NASDAQ: TLRY).
At this time last year, the expectation was that these Canadian cannabis giants would be pushing toward profitability amid strong sales growth. Unfortunately, reality has been far different. Supply issues stemming from Health Canada and select provinces have encouraged illicit production and created a supply bottleneck for growers, resulting in a number of unmistakably bad earnings reports.
Here's a rundown of how the Big Four fared after lifting their hoods for Wall Street this past week.
Source Fool.com
