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CGC

Canopy Growth Corporation

$0.84

4.62%

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Latest Closed Trade Idea

$0.84

4.62%
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Sentiment

News

21

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6

About

Events of Canopy Growth Corporation (CGC)

In the past six months (March to September 2026), Canopy Growth acquired MTL Cannabis Corp. on March 16, 2026, to enhance cultivation capabilities. For Q4 fiscal year 2026, the company reported $84.7 million in revenue (up 9% year-over-year) and a net loss of $154.7 million (21% lower). On June 15, 2026, financial statements for fiscal years 2024 and 2025 were restated due to accounting errors related to "Identified Warrants" and a material weakness in internal control was acknowledged. The Tweed brand was relaunched in the German medical market on May 29, 2026, with new strains. Claybourne's Frosted Flyers Variety Pack won 'Best Infused Pre-Roll' at the 2026 Grow Up Awards on June 8, 2026. For Q1 fiscal year 2027, reported on August 7, 2026, net revenue grew 13%, with strong contributions from Canada Medical Cannabis (22%) and International Cannabis (10%). New product innovations targeting high-demand adult-use categories were launched in Canada on August 10, 2026. The Kincardine, Ontario facility secured renewed EU GMP certification on August 14, 2026, strengthening its European medical cannabis business. On September 22, 2026, the company expanded its European medical cannabis supply into the UK. The stock price declined by 26.73% over the last 12 months and 15.16% year-to-date as of September 23, 2026, trading between $0.84 and $2.38 over 52 weeks. Investors are scheduled to vote on a reverse stock split on September 25, 2026.

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Price action provided by Massive. Fundamentals, news and corporate events provided by FactSet. NLP support provided by Perplexity & Gemini. All data is provided for informational purposes only.

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