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AI brief of an SEC Form 8-K · Canopy Growth Corp (CGC)

Canopy Growth Q2 revenue rises 22% to C$81.4M; net loss widens on $35.8M charge

Mixed Impact 3 of 5 earnings

Canopy Growth reported fiscal second-quarter 2027 results for the three months ended September 30, 2026, with consolidated net revenue up 22% to C$81.4 million, led by a 141% rise in international cannabis sales. Net loss increased by $35.7 million from the prior-year quarter because of $35.8 million of fair value charges on Canopy USA related assets, and gross margin fell to 29% from 33%. Shareholders get higher sales and a narrower adjusted EBITDA loss, but a larger reported net loss.

Key points

  • Consolidated net revenue was C$81.4 million, up 22%; Cannabis segment revenue was C$66.2 million, up 30%.
  • International markets cannabis revenue rose 141% to C$12.3 million from C$5.1 million, driven by Germany and Poland.
  • Net loss rose by $35.7 million, driven by $35.8 million of fair value charges on Canopy USA related assets.
  • Adjusted EBITDA loss was C$2.9 million, an improvement of C$0.2 million or 6%; Storz & Bickel revenue fell 4% to C$15.1 million.

The filing

CompanyCanopy Growth Corp (CGC)
Form8-K, current report
Filed with the SECNov 6, 2026, 7:06 AM ET
Accession number0001193125-26-450716

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 7:05 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.