Canopy Growth Corp
For the period ended Mar 31, 2025. Filed May 30, 2025.
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FY2025 · Filed May 30, 2025
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Item 2. Properties
Risks from cybersecurity threats, have notmaterially affected and are not reasonably likely to materially impact our operations materially, including our business strategy, results of operations, or financial condition.
Item 2. Properties.
Our corporate headquarters is located in Smiths Falls, Ontario, Canada. Our primary cultivation facilities are located in Ontario and British Columbia. Outside Canada, we maintain a production and distribution facility for the European market in Sankt Leon-Rot, Germany. Further, the corporate offices and production facility of Storz & Bickel are located in Tuttlingen, Germany.
We believe that our facilities, taken as a whole, are in good condition and working order. We also believe we have adequate capacity to meet our current needs for the foreseeable future.
As of March 31, 2025, our material owned or leased properties consisted of the following:
| Facility Location | Type | Segment | Property Owned/Leased | Utilization (Full or Partial) |
|---|---|---|---|---|
| CANADA | ||||
| Smiths Falls, Ontario | Production / processing, manufacturing, distribution, research and development, corporate Licensed for cultivation | Canada Cannabis | Owned, subject to mortgage in favor of Wilmington Trust, National Association, in connection with the Credit Facility | Full |
| Kincardine, Ontario | Cultivation | Canada Cannabis | Owned, subject to mortgage in favor of Wilmington Trust, National Association, in connection with the Credit Facility | Full |
| Kelowna, British Columbia | Micro-cultivation and micro-processing | Canada Cannabis | Owned | Full |
| EUROPE | ||||
| Tuttlingen, Germany | Corporate, manufacturing (Storz & Bickel) | Storz & Bickel | Owned | Full |
| Sankt Leon-Rot, Germany | Production, distribution | European - Medical | Leased | Full |
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