The Globe and Mail reports in its Wednesday edition that Canaccord Genuity analyst Matt Bottomley is sticking with his "sell" call on Canopy Growth. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bottomley cut his share target back by $4 to $6. Analysts on average target the shares at $8.95. Mr. Bottomley predicts revenue headwinds will continue to face Canopy Growth in the near term, leading him to suggest "further operational rightsizing could be in the cards." He says those changes, which may include "sizable cost-cutting initiatives and/or the realignment of its strategic priorities," could be announced on Friday with fourth quarter 2022 results before the bell. Mr. Bottomley says in a note, "As telegraphed in its prior earnings call, we believe as part of FQ4/22 reporting, the company may also announce new cost saving endeavors and strategic updates, which could include additional infrastructure closures, operational right-sizing, and potential management changes at the top (in our view)." For the quarter Mr. Bottomley is forecasting total net revenues of $125.7-million, down 10.9 per cent sequentially. "We expect the company to see growth headwinds in all its business units."