secwatch.observer — SEC 8-K summary
======================================

Issuer:     Canopy Growth Corp (CGC)
CIK:        0001737927
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0000950170-25-079321
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Canopy Growth Q4 revenue down 11% YoY to $65M; adjusted EBITDA loss improves 39% to $9.2M
--------------------------------------------------------------------------------

- Net revenue $65M in Q4 FY2025, down 11% YoY; net loss from continuing ops $221.5M.
- Canada medical cannabis revenue up 13% YoY; adult-use down 3%; international down 35%.
- Total debt reduced 49% in FY2025 to $304M; cost savings target at least $20M annualized over 12-18 months.
- Storz & Bickel revenue down 23% to $17.1M in Q4; FY2025 revenue up 4% to $73.4M.
- Acreage in default; lenders forbear until June 1, 2025 while discussing potential debt extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737927/000095017025079321/0000950170-25-079321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737927/000095017025079321/cgc-20250530.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-079321

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer