Canopy Growth Files Q1 2025 10-Q
Ticker: CGC · Form: 10-Q · Filed: 2024-08-09T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, cannabis-industry
TL;DR
Canopy Growth's Q1 2025 10-Q is in. Check financials.
AI Summary
Canopy Growth Corp. filed its 10-Q for the period ending June 30, 2024. The company reported on its financial performance and business operations. Key details include its fiscal year end of March 31 and its business address at 1 Hershey Drive, Smith Falls, A6, K7A0A8.
Why It Matters
This filing provides investors with an update on Canopy Growth's financial health and operational status for the first quarter of its fiscal year 2025.
Risk Assessment
Risk Level: medium — As a company in the cannabis industry, Canopy Growth faces inherent regulatory and market risks.
Key Numbers
- 2025-09-30 — Fiscal Year End (The company's fiscal year ends on this date.)
- 2029-05-31 — Maturity Date (Likely related to a debt or loan instrument.)
- 0.1 — Interest Rate (Potentially related to a loan or financial instrument.)
Key Players & Entities
- Canopy Growth Corp. (company) — Filer of the 10-Q
- 2024-06-30 (date) — End of the reporting period
- 1 Hershey Drive, Smith Falls, A6, K7A0A8 (address) — Company's business and mailing address
- 001-38496 (other) — SEC File Number
FAQ
What was Canopy Growth's net income or loss for the quarter ending June 30, 2024?
The filing does not explicitly state the net income or loss in the provided snippet, but it references 'ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest'.
What is the company's primary industry classification?
Canopy Growth Corp. is classified under MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833].
When was the 'At the Market Equity Program' established or last active?
The 'At the Market Equity Program' is noted with the date 2024-06-06.
What is the fair value measurement level for certain assets as of March 31, 2024?
The filing indicates 'us-gaap:FairValueInputsLevel3Member' and 'us-gaap:FairValueMeasurementsRecurringMember' as of 2024-03-31, suggesting Level 3 fair value measurements were used.
What is the context for 'RangeThreeMember' and the dates April 1, 2024 to June 30, 2024?
The 'RangeThreeMember' is associated with the period from 2024-04-01 to 2024-06-30, likely referring to a specific reporting range or category within the financial statements.
From the Filing
0000950170-24-094330.txt : 20240809 0000950170-24-094330.hdr.sgml : 20240809 20240809063038 ACCESSION NUMBER: 0000950170-24-094330 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 137 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canopy Growth Corp CENTRAL INDEX KEY: 0001737927 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38496 FILM NUMBER: 241190343 BUSINESS ADDRESS: STREET 1: 1 HERSHEY DRIVE CITY: SMITH FALLS STATE: A6 ZIP: K7A0A8 BUSINESS PHONE: 855-558-9333 MAIL ADDRESS: STREET 1: 1 HERSHEY DRIVE CITY: SMITH FALLS STATE: A6 ZIP: K7A0A8 10-Q 1 cgc-20240630.htm 10-Q 10-Q false 0001737927 Q1 --03-31 00-0000000 2025-09-30 2029-05-31 0.1 http://www.canopygrowth.com/20240630#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20240630#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest 0001737927 cgc:LoanReceivableMember cgc:ElevateLoanReceivableMember 2024-06-30 0001737927 us-gaap:LandMember 2024-06-30 0001737927 cgc:RangeThreeMember 2024-04-01 2024-06-30 0001737927 us-gaap:FairValueInputsLevel3Member cgc:CanopyUsaEquityMethodInvestmentNumberOfAcreageCommonSharesToBeIssuedMember 2024-04-01 2024-06-30 0001737927 us-gaap:AccumulatedTranslationAdjustmentMember 2024-06-30 0001737927 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001737927 cgc:ProductionAndWarehouseEquipmentMember 2024-06-30 0001737927 cgc:AtTheMarketEquityProgramMember 2024-06-06 2024-06-06 0001737927 2024-04-01 2024-06-30 0001737927 us-gaap:AccumulatedTranslationAdjustmentMember 2024-04-01 2024-06-30 0001737927 cgc:BioSteelMember 2024-06-30 0001737927 us-gaap:AccumulatedTranslationAdjustmentMember 2023-06-30 0001737927 us-gaap:CommonStockMember 2023-06-30 0001737927 cgc:AmortizableIntangiblesInProcessMember 2024-03-31 0001737927 us-gaap:RevenueFromContractWithCustomerMember us-gaap:CustomerConcentrationRiskMember 2024-04-01 2024-06-30 0001737927 srt:MinimumMember 2020-08-10 2020-09-09 0001737927 cgc:SoftwareAndDomainNamesMember 2024-03-31 0001737927 cgc:JulyTwoThousandAndTwentyThreePayDownMember cgc:CreditFacilityMember 2023-07-13 0001737927 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2023-06-30 0001737927 cgc:FixedSharesOptionAndFloatingSharesAgreementMember cgc:AcreageOneMember 2024-03-31 0001737927 cgc:CbiExchangeMember 2024-04-18 2024-04-18 0001737927 cgc:SupremeConvertibleDebenturesMember 2024-03-31 0001737927 cgc:RangeTwoMember 2024-06-30 0001737927 us-gaap:RetainedEarningsMember 2023-03-31 0001737927 cgc:TerrAscendMember us-gaap:StockOptionMember 2024-03-31 0001737927 cgc:StockOptionSubjectToPerformanceConditionsMember 2024-04-01 2024-06-30 0001737927 2020-09-08 2020-09-09 0001737927 cgc:RightOfUseAssetsMember cgc:BuildingsAndGreenhousesMember 2024-03-31 0001737927 us-gaap:AssetUnderConstructionMember 2024-03-31 0001737927 srt:MaximumMember 2018-10-19 0001737927 cgc:InternationalMarketsCannabisMember 2023-04-01 2023-06-30 0001737927 cgc:FixedSharesMember cgc:AcreageHoldingsIncMember cgc:ClassESubordinatedVotingSharesMember 2024-06-04 2024-06-04 0001737927 cgc:AccretionDebenturesMember 2024-03-31 0001737927 cgc:SettlementOfCanopyNotesMember 2023-04-01 2023-06-30 0001737927 cgc:AcreageHoldingsIncMember 2019-06-27 2019-06-27 0001737927 country:DE 2023-04-01 2023-06-30 0001737927 cgc:TerrAscendOptionMember us-gaap:StockOptionMember 2024-06-04 0001737927 cgc:OtherGeographicalAreaMember 2024-04-01 2024-06-30 0001737927 cgc:CbiExchangeAgreementMember 2024-04-18 2024-04-18 0001737927 2023-09-09 0001737927 us-gaap:RestrictedStockUnitsRSUMember 2024-03-31 0