Canopy Growth is on the cusp of profitability after losses of $0.40 per share, banking on a 68% surge in international cannabis sales and a strengthened $131.3M net cash balance to reach positive adjusted EBITDA in FY2027. CEO Luc Mongeau framed the turnaround bluntly: the company reset, cut costs, and made strategic bets including the MTL Cannabis acquisition that position it to extend medical cannabis leadership from Canada into Europe.
Canopy Growth :
CGC
CGC
Stock Data
$0.93
$0.01 (0.64%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
DRUG MANUFACTURERS - SPECIALTY & GENERIC
Canopy Growth Corporation is engaged in the production, distribution and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. The company is headquartered in Smiths Falls, Canada.
Latest Activity
Q4 2026
EPS
-$0.40
est -$0.09-$0.32
Revenue
$71M
est $74M-4.2%
All Canopy Growth Articles
80 Articles