---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-116639"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2026-10-16T21:00:24+00:00"
generated_at: "2026-10-16T21:02:06.059356+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth receives Nasdaq minimum-bid notice; CGC below $1.00 for 30 days, cure deadline April 12, 2027

## Summary
- Nasdaq notified Canopy on Oct 14, 2026 that CGC closed below $1.00 for 30 consecutive business days, violating Listing Rule 5450(a)(1); no immediate trading effect.
- Company has 180 days, until April 12, 2027, to regain compliance; bid price must be at least $1.00 for a minimum of 10 consecutive business days.
- Reverse split of 1-for-5 to 1-for-15 is up for a shareholder vote at the annual meeting reconvened Oct 23, 2026 after a Sept 25 quorum failure.
- Any reverse stock split must be completed no later than 10 business days before the Compliance Period expires to cure the deficiency.
- If it fails, Canopy may seek a second 180-day period by moving to the Nasdaq Capital Market; the letter does not affect its Toronto Stock Exchange listing.

## SEC filing metadata
- accession: 0001104659-26-116639
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2026-10-16T21:00:24+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000110465926116639/0001104659-26-116639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000110465926116639/tm2627754d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-116639
- JSON: https://secwatch.observer/filing/0001104659-26-116639.json
- Plain text: https://secwatch.observer/filing/0001104659-26-116639.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.