Business
Canopy Growth Provides Update on Financial Reporting and Announces Fourth Quarter and Fiscal Year 2026 Financial Results to be Presented on June 15, 2026
SMITHS FALLS, Ontario, May 15, 2026--Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) expects to release its financial results for the quarter and fiscal year ended March 31, 2026 before financial markets open on June 15, 2026. The Company also announced it plans to file restated financial results for the fiscal years ended March 31, 2025 and March 31, 2024 and to certain of the interim periods therein (the "Refiling"), in conjunction with its filing of fina
About this update from Canopy Growth Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":255,"url":"https://media.zenfs.com/en/business-wire.com/1b5348b5f0cbeb12e75cd6e91377deed"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fGPozvVX6Huu_wNdevaj6A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUxMA--/https://media.zenfs.com/en/business-wire.com/1b5348b5f0cbeb12e75cd6e91377deed","width":480,"height":255},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/cPC8Xhw4ruvw93u7im15yA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTM0MA--/https://media.zenfs.com/en/business-wire.com/1b5348b5f0cbeb12e75cd6e91377deed","width":480,"height":255}},"lazy":false},{"type":"text","content":"SMITHS FALLS, Ontario, May 15, 2026--(BUSINESS WIRE)--Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) expects to release its financial results for the quarter and fiscal year ended March 31, 2026 before financial markets open on June 15, 2026. The Company also announced it plans to file restated financial results for the fiscal years ended March 31, 2025 and March 31, 2024 and to certain of the interim periods therein (the "Refiling"), in conjunction with its filing of financial results for the year ended March 31, 2026 on June 15, 2026, as further described below and in the Company’s material change report and the Company’s Current Report on Form 8-K each dated May 15, 2026.","length":753,"tagName":"p"},{"type":"text","content":"During the Company’s year-end financial reporting process for the fiscal year ended March 31, 2026, the Company identified a technical non-cash accounting error. The Company determined that certain share-settled warrants with exercise prices denominated in U.S. dollars, first issued during the fiscal year ended March 31, 2024, should have been classified as liabilities rather than equity instruments under applicable accounting standards, given the Company’s Canadian dollar functional currency. Accordingly, the Company should have recorded these instruments as liabilities on its consolidated balance sheets and measured them at fair value at each reporting date, with changes in fair value recorded in the consolidated statements of operations and comprehensive loss.","length":773,"tagName":"p"},{"type":"text","content":"The corre...