Home / Restatements / Canopy Growth Corp

5/5Canopy Growth Corp (CGC): Non-reliance / restatement

Filed 2026-05-15 路 Form 8-K 路 Accession 0001104659-26-062784 small

Market data

Price before filing: $1.07 (2026-05-14 close, split/dividend-adjusted)
Market cap at flag: $400.4M (2026-05-15) 路 Latest: $301.1M (2026-10-16)

What happened next

WindowCGCSPYvs SPY
30 days-8.1%+0.9%-9.0%2026-06-15
90 days-5.6%+4.2%-9.8%2026-08-13
180 dayspendingpendinguntil 2026-11-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"In addition, the reports of the Company's independent registered public accounting firms included in the 2024 10-K and the 2025 10-K should no longer be relied upon."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Auditor change, Going-concern doubt

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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