{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-062219","form_type":"8-K","ticker":"CGC","cik":"0001737927","company_name":"Canopy Growth Corp","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.266449+00:00","generated_at":"2026-06-08T07:08:28.508994+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Canopy Growth Q2 FY2024 net revenue $69.6M, net loss $148.2M; gross margin 34%","bullets":["Net revenue $69.6M, down 21% YoY; net loss $148.2M improved 25% vs Q2 FY2023 loss.","Consolidated gross margin 34% vs (1%) a year ago; adjusted gross margin 33%.","Total debt reduced by $364M to $681M in Q2; cumulative ~$1B debt reduction since FY2023 start.","SEC staff objected to deconsolidation of Canopy USA; company assessing structural amendments.","Free cash flow from continuing operations $(67)M; Adjusted EBITDA loss $(12)M vs $(56)M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-062219","json":"https://secwatch.observer/filing/0000950170-23-062219.json","markdown":"https://secwatch.observer/filing/0000950170-23-062219.md","text":"https://secwatch.observer/filing/0000950170-23-062219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737927/000095017023062219/0000950170-23-062219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737927/000095017023062219/cgc-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:08:28.508994+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"078cb53f7b7113c1fb8fee7f09e9005a60e7943f","claim":"Canopy Growth Corp reported the second quarter ended September 30, 2023 results: revenue $69.6. Guidance reaffirmed.","evidence_excerpt":"Summary (in millions of Canadian dollars, unaudited) Net Revenue Gross margin percentage Adjusted gross margin percentage 1 Net loss Adjusted EBITDA 2 Free cash flow 3 Reported $69.6 34% 33% $(148.2) $(11.9) $(67.1) vs. Q2 FY2023 (21%) 3,500 bps 2,800 bps 25% 79% 32% - 1 1 Adjusted gross margin is a non-GAAP measure, and for Q2 FY2024 excludes $(0.7) MM of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737927/000095017023062219/0000950170-23-062219-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended September 30, 2023"},{"label":"Revenue","value":"$69.6"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}