Canopy Growth Files 10-Q for Q3 2025
Ticker: CGC · Form: 10-Q · Filed: 2025-02-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, cannabis, agreements
Related Tickers: ACRG
TL;DR
Canopy Growth's Q3 2025 10-Q is in. Check financials and credit facility updates.
AI Summary
Canopy Growth Corp. filed its 10-Q for the period ending December 31, 2024. The company reported on its financial performance and operations, including details related to its credit facilities and various agreements. 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 strategic positioning as of the end of the third quarter of fiscal year 2025.
Risk Assessment
Risk Level: medium — The company operates in a highly regulated and evolving industry, which presents inherent risks and uncertainties.
Key Numbers
- Q3 --03-31 2025 — Fiscal Quarter End (Indicates the period covered by the report.)
- 001-38496 — SEC File Number (Identifies the company's SEC filing history.)
Key Players & Entities
- Canopy Growth Corp. (company) — Filer of the 10-Q
- 2024-12-31 (date) — End of the reporting period
- 2025-02-07 (date) — Filing date
- Acreage Holdings Inc. (company) — Mentioned in relation to an agreement
- Wana (company) — Mentioned in relation to an agreement
FAQ
What is the reporting period for this 10-Q filing?
The 10-Q filing is for the period ending December 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on February 7, 2025.
What is Canopy Growth Corp.'s standard industrial classification?
Canopy Growth Corp.'s standard industrial classification is MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833].
Are there any specific agreements mentioned in the filing metadata?
Yes, the metadata mentions agreements such as a Paydown Agreement, Credit Facility, and Acreage Debt Option Agreement.
What is the business address of Canopy Growth Corp.?
The business address is 1 Hershey Drive, Smith Falls, A6, K7A0A8.
From the Filing
0000950170-25-015839.txt : 20250207 0000950170-25-015839.hdr.sgml : 20250207 20250207064533 ACCESSION NUMBER: 0000950170-25-015839 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 132 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250207 DATE AS OF CHANGE: 20250207 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: 25599233 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-20241231.htm 10-Q 10-Q 0001737927 false Q3 --03-31 2025 00-0000000 0.1 http://www.canopygrowth.com/20241231#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20241231#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20241231#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest http://www.canopygrowth.com/20241231#ComprehensiveIncomeLossNetOfTaxFromDiscontinuedOperationsIncludingPortionAttributableToNoncontrollingInterest 0001737927 cgc:AcreageHoldingsIncMember 2024-12-09 2024-12-09 0001737927 cgc:PaydownAgreementMember cgc:CreditFacilityMember 2023-04-17 2023-04-17 0001737927 cgc:AcreageDebtOptionAgreementMember 2024-12-31 0001737927 cgc:InternationalMarketsCannabisMember 2024-10-01 2024-12-31 0001737927 cgc:RangeTwoMember 2024-12-31 0001737927 srt:MaximumMember cgc:OmnibusEquityIncentivePlanMember 2023-09-25 2023-09-25 0001737927 cgc:WanaMember 2024-04-30 0001737927 cgc:WanaMember 2022-10-24 2022-10-24 0001737927 cgc:InternationalMarketsCannabisMember 2023-10-01 2023-12-31 0001737927 2022-10-24 2022-10-24 0001737927 cgc:CanopyUsaMember 2024-04-30 2024-04-30 0001737927 cgc:JettyMember us-gaap:StockOptionMember 2024-03-31 0001737927 2023-03-31 0001737927 cgc:AcreageTaxReceivableAgreementMember cgc:OtherMember 2024-04-01 2024-12-31 0001737927 cgc:JettyMember us-gaap:StockOptionMember 2024-04-01 2024-12-31 0001737927 cgc:AcreageHoldingsIncMember 2022-11-15 2022-11-15 0001737927 cgc:CanadaCannabisMember 2024-10-01 2024-12-31 0001737927 2020-08-10 2020-09-09 0001737927 2024-04-01 2024-06-30 0001737927 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-12-31 0001737927 cgc:CanadianMedicalCannabisNetRevenueMember cgc:CanadianAdultUseCannabisMember 2024-10-01 2024-12-31 0001737927 us-gaap:OfficeEquipmentMember 2024-12-31 0001737927 cgc:AcreageDebtOptionAgreementMember cgc:OtherLenderMember 2024-12-31 0001737927 us-gaap:EmployeeStockOptionMember 2023-10-01 2023-12-31 0001737927 cgc:CreditFacilityMember 2021-03-18 0001737927 cgc:OtherIssuancesAndShareIssueCostsMember 2024-04-01 2024-12-31 0001737927 cgc:AtTheMarketEquityProgramMember 2023-10-01 2023-12-31 0001737927 us-gaap:EmployeeStockOptionMember 2024-10-01 2024-12-31 0001737927 2024-03-31 0001737927 us-gaap:FairValueInputsLevel3Member cgc:CanopyUsaEquityMethodInvestmentExpectedFutureCashFlowsMember 2024-04-01 2024-12-31 0001737927 us-gaap:RetainedEarningsMember 2023-10-01 2023-12-31 0001737927 us-gaap:NoncontrollingInterestMember 2024-03-31 0001737927 cgc:CanopyUsaMember 2024-04-01 2024-12-31 0001737927 us-gaap:AccumulatedGainLossFinancialLiabilityFairValueOptionAttributableToParentMember 2023-03-31 0001737927 2022-06-22 2022-06-22 0001737927 cgc:CreditFacilityMember 2024-10-16 2024-10-16 0001737927 us-gaap:CommonStockMember 2023-03-31 0001737927 cgc:StorzBickelMember 2024-04-01 2024-12-31 0001737927 cgc:AtTheMarketEquityProgramMember 2024-12-31 0001737927 cgc:SharebasedReserveMember us