Canopy Growth Announces Q4 FY2026 Results Date and Accounting Restatement
Canopy Growth Corporation has announced that it will release its financial results for the fourth quarter and fiscal year ended March 31, 2026, on June 15, 2026. Concurrently, the company plans to file restated financial results for the fiscal years 2024 and 2025 due to a technical non-cash accounting error. The error involved the misclassification of certain share-settled warrants with U.S. dollar exercise prices as equity instead of liabilities, given the company's Canadian dollar functional currency. Canopy Growth emphasizes that this restatement is purely a reclassification between equity and liabilities with fair value adjustments, resulting in non-cash entries. The company asserts that core operating performance metrics, including revenue, gross margin, Adjusted EBITDA, cash flows, and liquidity, remain unaffected. Additionally, Canopy Growth has voluntarily requested a management cease trade order against certain directors and officers, which will remain in effect until the restatement process is complete. Full quantitative details will be provided in filings with the SEC and Canadian securities regulators.
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