Canopy Growth Corporation (CGC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Joanna, and I will be your conference operator today. I would like to welcome you to Canopy Growth's first quarter fiscal 2026 financial results conference call. Currently, all participants are in a listen-only mode. I will now turn the call over to Tyler Burns, Director, Investor Relations. Tyler, you may begin the conference call. Good morning, and thank you for joining us. On our call today, we have Canopy Growth's Chief Executive Officer, Luc Mongeau, and Interim Chief Financial Officer Tom Stewart. Before financial markets opened today, Canopy Growth issued a news release announcing the financial results for our first quarter fiscal 2026 ended June 30th, 2025. The news release and financial statements have been filed on EDGAR and CDAR and will be available on our website under the Investors tab. Before we begin, I would like to remind you that our discussion during this call will include forward-looking statements that are based on management's current view and assumptions and that this discussion is qualified in its entirety by the cautionary note regarding forward-looking statements included at the end of the press news release issued today. As of the three months ended June 30th, 2025, Canopy began reporting financial results for the following two reportable segments. Our cannabis segment includes the global production, distribution, and sale of a diverse range of cannabis and cannabis-related products. Our stores and Bickel segment includes the production, distribution, and sale of vaporizers and vaporizer accessories. It is important to highlight that information regarding segment net revenue and gross margin for the comparative periods has been recast to reflect the reportable segment changes. Please review today's earnings release...