Welcome to our dedicated page for Canopy Growth SEC filings (Ticker: CGC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Canopy Growth Corporation filings document the Canadian cannabis operator’s public-company reporting, including Form 8-K disclosures for quarterly results, Regulation FD releases, material agreements, shareholder voting outcomes and executive appointments. The company’s common shares are registered on Nasdaq under CGC, and filings describe capital-structure matters including senior secured debt financing and related guarantor arrangements.
Recent material-event filings also record the completed acquisition of MTL Cannabis Corp. and formal disclosures tied to operating results in Canada Cannabis and other business activities. Governance and risk-related filings cover proxy matters, voting mechanics, clinical or regulatory disclosure categories, and updates affecting the company’s cannabis brands, medical channels and Storz & Bickel vaporization devices.
Canopy Growth Corporation entered into a new senior secured loan and completed a major debt exchange and warrant issuance. The company received US$150,000,000 of cash proceeds under a senior secured loan with aggregate principal of US$162,115,000, funded with an original issue discount of US$12,115,000. The loan bears interest at Term SOFR (floor 3.25%) plus 6.25%, matures as late as January 31, 2031, and is secured by substantially all assets of the company and its material subsidiaries. Canopy plans to use the net proceeds to repay approximately US$101 million of existing senior secured debt, and for working capital, general corporate purposes, and potential future acquisitions.
In connection with this financing, the company issued 18,705,577 common share purchase warrants exercisable at US$1.30 per share for five years. Separately, Canopy exchanged C$96,358,375 of existing senior unsecured convertible debentures maturing in May 2029 for new convertible debentures with principal of C$55,000,000 maturing on July 8, 2031, plus 12,731,481 warrants at C$2.16 per share, 9,493,670 common shares, and a C$10,500,000 cash payment. The new debentures bear 7.50% annual interest and are convertible at C$1.83 per share, with a forced conversion feature if the Toronto Stock Exchange average closing price exceeds C$2.75 for 10 consecutive trading days. The company also amended its arrangement agreement with MTL Cannabis Corp. to refine how in-the-money MTL warrants are treated, requiring a cashless exercise notice to receive shares; otherwise, warrants are exchanged for replacement warrants on Canopy common shares.
Canopy Growth Corporation has agreed to acquire MTL Cannabis Corp. in a share-and-cash transaction. Each MTL share will receive 0.32 Canopy Growth share plus C$0.144 in cash, for a total of approximately 38 million Canopy Growth shares and C$17 million in cash based on MTL’s current non-diluted share count. Canopy Growth may issue up to an additional 2,956,391 shares to certain former MTL-related shareholders in exchange for releasing anti-dilution rights.
The acquisition will occur through a court-approved plan of arrangement and requires approvals from the Supreme Court of British Columbia, competition authorities and MTL shareholders, including a two-thirds vote and a separate minority approval. Holders of about 75% of MTL shares have signed support agreements, and roughly 72% of the Canopy shares issued for MTL will be subject to staggered lock-ups over three to twelve months. Closing is expected by the end of February 2026, subject to conditions and termination rights, including a C$4 million termination fee payable by MTL in certain competing-bid scenarios.
Canopy Growth (CGC) disclosed an insider equity grant on a Form 4. A director received 42,658 restricted stock units (RSUs) on November 11, 2025 at a price of $0, reflecting a non-cash award.
The filing notes a staggered vesting schedule: 20,158 RSUs vest on December 31, 2025 and 22,500 RSUs vest on March 31, 2026. Following the grant, the director reported 42,658 shares beneficially owned, held directly. This is routine equity compensation and does not involve cash proceeds.
Canopy Growth Corporation furnished an update on its business by announcing fiscal second-quarter results for the period ended September 30, 2025. The company reported these results via a press release.
The press release was attached as Exhibit 99.1 and furnished under Item 2.02 (Results of Operations and Financial Condition). The company noted this information is furnished, not filed, under the Exchange Act.
Canopy Growth Corporation reported improved quarterly results for the three months ended September 30, 2025. Revenue was CDN$82.998M and net revenue was CDN$66.683M, up from CDN$62.991M a year ago. Gross margin was CDN$21.905M, and the operating loss narrowed to CDN$16.894M from CDN$45.943M. Other income was CDN$15.469M versus an expense last year, resulting in a small net loss from continuing operations of CDN$1.639M, or CDN$0.01 per share, compared with a loss of CDN$1.52 per share a year earlier.
Liquidity strengthened: cash and cash equivalents rose to CDN$298.058M from CDN$113.811M at March 31, 2025, and long‑term debt decreased to CDN$226.333M from CDN$299.811M. Total shareholders’ equity increased to CDN$736.013M. Management states that, given cash on hand, a current portion of long‑term debt of CDN$1.847M, financing actions, and projected cash flows, the company has sufficient liquidity, resolving conditions that previously raised substantial doubt about continuing as a going concern. As of November 6, 2025, there were 342,195,956 common shares outstanding, plus 26,261,474 exchangeable shares convertible one‑for‑one into common shares.
Canopy Growth Corp (CGC) reported an insider update: a director filed a Form 3 initial statement of beneficial ownership. The filing states that no securities are beneficially owned as of the event date 10/10/2025.
The submission was filed by one reporting person and includes an Exhibit 24 Power of Attorney authorizing the signatory.
Canopy Growth Corporation reported the final voting results from its 2025 Annual General and Special Meeting. Shareholders approved a share consolidation authorization, allowing the Board to set a consolidation ratio between 1-for-5 and 1-for-15 for common and exchangeable shares at any time prior to September 26, 2026. A total of 79,971,625 shares were represented out of 239,849,225 entitled to vote.
All five director nominees were elected. Shareholders approved the appointment of PKF O’Connor Davies, LLP as auditor for the fiscal year ending March 31, 2026. The advisory vote on executive compensation also passed.
Key tallies: the share consolidation resolution received 62,742,664 votes for, 16,557,315 against, and 671,647 abstentions; the auditor appointment received 75,518,055 votes for and 4,453,570 withheld.
David Angelo Lazzarato, a director of Canopy Growth Corp (CGC), reported a sale of 15,677 common shares on 09/29/2025 at a price of $1.58 per share. After the sale, he beneficially owned 103,387 shares directly. The filing states the shares disposed were originally granted as restricted stock units on June 3, 2025 and were sold to satisfy tax obligations arising from RSU vesting. The Form 4 was signed on behalf of Mr. Lazzarato by an attorney-in-fact on 09/30/2025. The filing is a routine Section 16 disclosure of an insider transaction related to tax withholding at vesting.
Canopy Growth director Margaret Shan Atkins reported a disposition of common shares tied to vested restricted stock units. On 09/29/2025 the reporting person disposed of 2,216 common shares at $1.58 per share to satisfy tax obligations arising from RSUs granted on 08/12/2025. After the reported transaction the reporting person beneficially owned 43,464 common shares, held directly. The Form 4 indicates the sale is associated with tax withholding on vested equity rather than a separate open-market trading decision.
Theresa Yanofsky, a director of Canopy Growth Corp (CGC), reported a sale of common shares tied to vested restricted stock units. The Form 4 shows a transaction dated 09/29/2025 in which 10,408 common shares were disposed at a price of $1.58 per share, leaving the reporting person with 73,952 shares beneficially owned. The filing explains these shares were originally granted as restricted stock units on June 3, 2025, and the disposition is associated with the reporting person’s tax obligations arising from RSU vesting. The Form 4 was signed by an attorney-in-fact on 09/30/2025.