June 11, 2019 / 7:01 PM / 4 months ago

BUZZ-Canopy Growth assessing non-equity financing options - Bloomberg

** Shares of Canadian marijuana producer Canopy Growth Corp down 2% at C$56.87

** Bloomberg report here says co is assessing ways to raise non-equity financing, which may include REIT, secured debt

** “We’re going through a process of just digesting the multiple options that we have in front of us, and comparing that to our business plans over the next few years,” CFO Mike Lee was quoted as saying by Bloomberg

** 12 of 19 brokerages rate the stock “buy” or higher, 6 “hold” and 1 “sell”; their median PT is C$77

** WEED shares have climbed 55% YTD

Reporting by Shradha Singh in Bengaluru

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