Canopy Growth Announces 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, necessitating fair value adjustments. Canopy Growth emphasizes that this restatement is purely accounting-related and will not impact core operating performance metrics such as revenue, gross margin, cash flows, or Adjusted EBITDA. Furthermore, the company’s liquidity and debt covenant compliance remain unaffected. To ensure regulatory compliance during this process, Canopy Growth has voluntarily requested a management cease trade order against specific directors and officers, which will remain in effect until the refiling is complete. The company intends to provide bi-weekly status updates. An investor webcast featuring CEO Luc Mongeau and CFO Tom Stewart is scheduled for June 15, 2026, to discuss these developments and the annual financial performance.
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