Home / Going-concern warnings / Canopy Growth Corp

3/5Canopy Growth Corp (CGC): Going-concern doubt

Filed 2025-11-07 路 Form 10-Q 路 Accession 0001193125-25-270960 small

Market data

Price before filing: $1.09 (2025-11-06 close, split/dividend-adjusted)
Market cap at flag: $404.3M (2025-11-07) 路 Latest: $301.1M (2026-10-16)

What happened next

WindowCGCSPYvs SPY
30 days+0.0%+2.0%-2.0%2025-12-08
90 days-0.9%+1.4%-2.3%2026-02-05
180 days+5.5%+10.1%-4.6%2026-05-06

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As a result, the conditions that previously raised substantial doubt about the Company's ability to continue as a going concern have been resolved."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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