Canopy Growth Corp
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2025 · Filed Feb 6, 2026
CGC$0.59-4.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Interim Consolidated Statements of Cash Flows
| Nine months ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(105,793) | $(377,327) |
| Gain from discontinued operations, net of income tax | - | 5,310 |
| Net loss from continuing operations | (105,793) | (382,637) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation of property, plant and equipment | 14,281 | 15,570 |
| Amortization of intangible assets | 13,539 | 16,081 |
| Share-based compensation | 2,798 | 14,531 |
| Loss on asset impairment and restructuring | 710 | 18,971 |
| Income tax expense | 873 | 6,812 |
| Non-cash fair value adjustments and charges related to settlement of long-term debt | 19,246 | 223,591 |
| Change in operating assets and liabilities, net of effects from purchases of businesses: | ||
| Amounts receivable | 19,606 | (3,163) |
| Inventory | (8,751) | (12,924) |
| Prepaid expenses and other assets | (3,158) | (641) |
| Accounts payable and accrued liabilities | (2,178) | (17,000) |
| Other, including non-cash foreign currency | 3,275 | (11,789) |
| Net cash used in operating activities | (45,552) | (132,598) |
| Cash flows from investing activities: | ||
| Purchases of and deposits on property, plant and equipment | (4,333) | (7,724) |
| Purchases of intangible assets | (511) | (409) |
| Proceeds on sale of property, plant and equipment | 5 | 4,932 |
| Redemption of short-term investments | 19,001 | 16,950 |
| Net cash outflow on sale or deconsolidation of subsidiaries | - | (6,968) |
| Net cash inflow on loan receivable | 153 | 28,353 |
| Investment in other financial assets | - | (95,335) |
| Other investing activities | 6,981 | - |
| Net cash provided by (used in) investing activities - continuing operations | 21,296 | (60,201) |
| Net cash provided by investing activities - discontinued operations | - | 13,414 |
| Net cash provided by (used in) investing activities | 21,296 | (46,787) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of common shares and warrants | 374,171 | 255,989 |
| Proceeds from exercise of stock options | - | 112 |
| Proceeds from exercise of warrants | - | 8,454 |
| Issuance of long-term debt and convertible debentures | - | 68,255 |
| Repayment of long-term debt | (71,660) | (148,249) |
| Other financing activities | (16,712) | (19,943) |
| Net cash provided by financing activities | 285,799 | 164,618 |
| Effect of exchange rate changes on cash and cash equivalents | (4,032) | 6,376 |
| Net increase/(decrease) in cash and cash equivalents | 257,511 | (8,391) |
| Cash and cash equivalents, beginning of period | 113,811 | 170,300 |
| Cash and cash equivalents, end of period | $371,322 | $161,909 |
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine months ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental disclosure of cash flow information | ||
| Cash received during the period: | ||
| Income taxes | $325 | $101 |
| Interest | $6,232 | $2,040 |
| Cash paid during the period: | ||
| Income taxes | $371 | $476 |
| Interest | $24,732 | $53,193 |
| Noncash investing and financing activities | ||
| Additions to property, plant and equipment | $313 | $339 |
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