---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-040294"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2026-02-06T23:59:59+00:00"
generated_at: "2026-05-16T04:06:50.449751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Canopy Q3 net loss narrows 49% YoY; Canada cannabis revenue up 4% to $52M

## Summary
- Net loss narrowed 49% YoY; Adjusted EBITDA loss narrowed 17% to $3M; free cash outflow improved to $19M.
- Consolidated revenue $75M flat YoY; Canada cannabis revenue +4% to $52M (medical +15%, adult-use +8%).
- Storz & Bickel revenue $23M, up 45% sequential from VEAZY launch; gross margin 37% down 300 bps on US tariffs.
- Cash and cash equivalents $371M; net cash $146M; January 2026 recapitalization extended debt maturities to 2031.
- MTL Cannabis acquisition on track for close in current quarter; management targets positive Adjusted EBITDA in fiscal 2027.

## SEC filing metadata
- accession: 0001193125-26-040294
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2026-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000119312526040294/0001193125-26-040294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000119312526040294/cgc-20260206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-040294
- JSON: https://secwatch.observer/filing/0001193125-26-040294.json
- Plain text: https://secwatch.observer/filing/0001193125-26-040294.txt

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