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Canopy Growth Corporation (T:WEED)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 1 Hershey Dr
SMITHS FALLS ON K7A 0A8
Tel: N/A
Website: https://www.canopygrowth.com
IR: See website
Key People
David Eric Klein
Chief Executive Officer, Director
Judy Eun Joo Hong
Chief Financial Officer
Christelle Gedeon
Chief Legal Officer and Company Secretary
Business Overview
Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.
Financial Overview
For the nine months ended 31 December 2023, Canopy Growth Corp revenues decreased 15% to C$224.4M. Net loss before extraordinary items decreased 84% to C$389M. Revenues reflect Canada cannabis segment decrease of 23% to C$116.6M, Other segment decrease of 39% to C$8.3M, Canada segment decrease of 13% to C$153.5M, Germany segment decrease of 3% to C$35.3M.
Employees: 1,621 as of Mar 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,820M as of Dec 31, 2023
Annual revenue (TTM): $298.07M as of Dec 31, 2023
EBITDA (TTM): -$171.22M as of Dec 31, 2023
Net annual income (TTM): -$1,101M as of Dec 31, 2023
Free cash flow (TTM): -$406.66M as of Dec 31, 2023
Net Debt Last Fiscal Year: $507.09M as of Dec 31, 2023
Shares outstanding: 91,114,604 as of Feb 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization