Cannabis producer Canopy Growth posts smaller loss in third quarter

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Feb 9 (Reuters) - Canopy Growth Corp'saggressive cost-cut measures and increased demand for cannabisproducts during the lockdowns helped the world's largest potproducer report a smaller third-quarter adjusted loss onTuesday.

The company posted a adjusted loss before interest,taxation, depreciation and amortization of C$68.4 million($53.70 million) for the three months ended Dec. 31, comparedwith C$97 million, a year earlier.($1 = 1.2737 Canadian dollars)(Reporting by Arunima Kumar and Shariq Khan in Bengaluru;Editing by Arun Koyyur)

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