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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 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. The Company delivers innovative products with a focus on cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. It operates through four segments: Canada cannabis, Storz & Bickel, Rest-of-world cannabis, and This Works. Its CPG portfolio features targeted 24-hour skincare and wellness solutions from This Works, gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. The Storz & Bickel segment includes the production, distribution, and sale of vaporizers.
Financial Overview
For the six months ended 30 September 2023, Canopy Growth Corp revenues decreased 35% to C$145.9M. Net loss before extraordinary items decreased 93% to C$158.7M. Revenues reflect Canada segment decrease of 28% to C$112.5M, Germany segment decrease of 8% to C$21.8M. Lower net loss reflects Asset impairment and restructuring costs decrease from C$1.77B (expense) to C$28M (income), FV Adjustments of Financial Investment decrease of 94% to C$17.2M (expense).
Employees: 1,621 as of Mar 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,189M as of Sep 30, 2023
Annual revenue (TTM): $320.78M as of Sep 30, 2023
EBITDA (TTM): -$330.28M as of Sep 30, 2023
Net annual income (TTM): -$1,132M as of Sep 30, 2023
Free cash flow (TTM): -$519.70M as of Sep 30, 2023
Net Debt Last Fiscal Year: $494.79M as of Sep 30, 2023
Shares outstanding: 732,480,532 as of Oct 2, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization