secwatch.observer — SEC 8-K summary
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Issuer:     Canopy Growth Corp (CGC)
CIK:        0001737927
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001193125-25-270995
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Canopy Growth Q2 revenue $67M (+6% YoY); going concern doubt resolved
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- Canada adult-use net revenue $24M, up 30% YoY; Canada medical $22M, up 17%.
- Consolidated gross margin 33% (down 200bps YoY, up 800bps sequentially).
- Operating loss improved 63% to $17M; Adjusted EBITDA loss narrowed to $3M from $6M.
- Cash $298M exceeds debt by $70M; going concern doubt resolved. Prepaid US$50M on term loan.
- SG&A down 13% YoY; $21M annualized savings captured since March 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737927/000119312525270995/0001193125-25-270995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737927/000119312525270995/cgc-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-270995

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