Canopy Growth (TSX: WEED) (Nasdaq: CGC) today confirmed that it will release results for its fourth quarter and the fiscal year ended March 31, 2026 on June 15, 2026, with management hosting an investor webcast that morning at 10:00 a.m. ET.
Alongside the scheduling update, the Company disclosed a technical, non-cash accounting matter. Certain share-settled warrants carrying U.S.-dollar exercise prices, originally issued in fiscal 2024, should have been classified as liabilities rather than as equity under the applicable accounting standards. Correcting the classification requires a refiling that restates results for fiscal 2025 and fiscal 2024, along with certain interim periods.
Canopy emphasized that the correction is limited to a reclassification between equity and liabilities and has no impact on revenue, gross margin, operating income or loss, cash flows, EBITDA, total assets, or compliance with its debt covenants. In connection with the late filing, the Company voluntarily applied for a management cease trade order affecting its directors and officers — a procedural step that does not affect the ability of other shareholders to trade.
This release was originally distributed via canopygrowth.com.
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