Canopy Growth Files Q2 2025 10-Q
Ticker: CGC · Form: 10-Q · Filed: 2024-11-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, cannabis, financials
TL;DR
Canopy Growth's Q2 2025 10-Q is in. Check financials.
AI Summary
Canopy Growth Corp. filed its 10-Q for the period ending September 30, 2024. The company reported its financial results, including details on its operations and any significant events. Specific financial figures and operational highlights are detailed within the filing.
Why It Matters
This filing provides investors and stakeholders with an update on Canopy Growth's financial health and operational performance for the second quarter of fiscal year 2025.
Risk Assessment
Risk Level: medium — As a company in the cannabis industry, Canopy Growth faces regulatory, market, and operational risks that can impact its financial performance.
Key Numbers
- Q2 2025 — Fiscal Quarter (Reporting period for this 10-Q filing)
Key Players & Entities
- Canopy Growth Corp. (company) — Filer of the 10-Q
- 20240930 (date) — End of the reporting period
- 20241108 (date) — Filing date
- 001-38496 (dollar_amount) — SEC File Number
- 1 HERSHEY DRIVE (location) — Business and mailing address
- SMITH FALLS (location) — City for business and mailing address
- K7A0A8 (dollar_amount) — ZIP code for business and mailing address
- AugustTwentyTwentyFourSupremeConvertibleDebtExchange (event) — Specific debt exchange event
- ElevateLoanReceivable (financial_instrument) — Type of loan receivable
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is September 30, 2024.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on November 8, 2024.
What is Canopy Growth Corp.'s SEC file number?
Canopy Growth Corp.'s SEC file number is 001-38496.
What is the business and mailing address of Canopy Growth Corp.?
The business and mailing address for Canopy Growth Corp. is 1 HERSHEY DRIVE, SMITH FALLS, K7A0A8.
What specific debt exchange event is mentioned in the filing data?
The filing data mentions the 'AugustTwentyTwentyFourSupremeConvertibleDebtExchange'.
From the Filing
0000950170-24-123672.txt : 20241108 0000950170-24-123672.hdr.sgml : 20241108 20241108064533 ACCESSION NUMBER: 0000950170-24-123672 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 131 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241108 DATE AS OF CHANGE: 20241108 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: 241437923 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-20240930.htm 10-Q 10-Q false 0001737927 --03-31 Q2 2025 00-0000000 0.1 http://www.canopygrowth.com/20240930#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20240930#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20240930#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20240930#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest 0001737927 cgc:CanadianAdultUseCannabisMember country:CA 2023-04-01 2023-09-30 0001737927 us-gaap:RestrictedStockUnitsRSUMember 2024-03-31 0001737927 cgc:ExchangeableSharesMember 2024-03-31 0001737927 cgc:AugustTwentyTwentyFourSupremeConvertibleDebtExchangeMember 2024-08-20 2024-08-20 0001737927 cgc:LoanReceivableMember cgc:ElevateLoanReceivableMember 2024-04-01 2024-09-30 0001737927 cgc:SharebasedReserveMember us-gaap:AdditionalPaidInCapitalMember 2023-09-30 0001737927 cgc:RedeemableNonControllingInterestsMember us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001737927 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001737927 us-gaap:RetainedEarningsMember 2024-09-30 0001737927 us-gaap:WarrantMember us-gaap:AdditionalPaidInCapitalMember 2023-07-01 2023-09-30 0001737927 cgc:FixedSharesOptionAndFloatingSharesAgreementMember cgc:AcreageOneMember 2024-03-31 0001737927 cgc:StorzBickelMember 2023-04-01 2023-09-30 0001737927 cgc:AcreageDebtOptionPremiumMember us-gaap:StockOptionMember 2024-03-31 0001737927 cgc:InternationalMarketsCannabisMember 2023-07-01 2023-09-30 0001737927 cgc:SharebasedReserveMember us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001737927 2024-03-31 0001737927 cgc:FloatingSharesMember 2022-10-24 2022-10-24 0001737927 cgc:OtherGeographicalAreaMember 2024-09-30 0001737927 cgc:BioSteelMember 2023-09-30 0001737927 cgc:FourthQuarterTwoThousandAndTwentyFourPaydownsMember cgc:CreditFacilityMember 2024-03-31 0001737927 cgc:CbiExchangeMember 2024-04-18 0001737927 cgc:AccretionDebenturesMember 2024-09-30 0001737927 cgc:BrandsMember 2024-03-31 0001737927 cgc:AcreageTaxReceivableAgreementMember cgc:OtherMember 2024-04-01 2024-09-30 0001737927 cgc:AcreageHoldingsIncMember 2022-11-15 0001737927 cgc:FixedSharesMember cgc:AcreageHoldingsIncMember cgc:ClassESubordinatedVotingSharesMember 2024-06-04 2024-06-04 0001737927 cgc:SupremeDebtExchangeMember 2024-04-01 2024-09-30 0001737927 us-gaap:FairValueInputsLevel3Member cgc:CanopyUsaEquityMethodInvestmentIntrinsicValueOfAcreageMember 2024-04-01 2024-09-30 0001737927 srt:MaximumMember 2024-04-01 2024-09-30 0001737927 2024-07-01 2024-09-30 0001737927 cgc:SharebasedReserveMember us-gaap:AdditionalPaidInCapitalMember 2024-09-30 0001737927 us-gaap:PrimeRateMember 2023-12-27 2023-12-27 0001737927 cgc:CanadaCannabisMember 2024-04-01 2024-09-30 0001737927 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001737927 cgc:BioSteelMember 2023-03-