Home / Auditor changes / Canopy Growth Corp

5/5Canopy Growth Corp (CGC): Auditor change

Filed 2026-08-07 路 Form 8-K 路 Accession 0001104659-26-092687 small

Market data

Price before filing: $0.9322 (2026-08-06 close, split/dividend-adjusted)
Market cap at flag: $409.6M (2026-08-07) 路 Latest: $301.1M (2026-10-16)

What happened next

WindowCGCSPYvs SPY
30 days+3.6%-0.3%+3.9%2026-09-08
90 dayspendingpendinguntil 2026-11-05
180 dayspendingpendinguntil 2027-02-03

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.

Insider trading around this filing

90 days before the flag: 7 insiders sold $239K (7 sales)
30 days after: 2 insiders sold $23K (2 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-06-17Gedeon Christelle
See Remarks
Sale58,994$0.97$57KnoForm 4
2026-06-17Mongeau Luc
Chief Executive Officer, Director
Sale135,231$0.97$132KnoForm 4
2026-06-17Stewart Thomas Carlton
See Remarks
Sale9,285$0.97$9KnoForm 4
2026-06-26ATKINS M SHAN
Director
Sale3,197$0.92$3KnoForm 4
2026-06-26BAYERN JOSEPH
Director
Sale3,197$0.92$3KnoForm 4
2026-06-26Lazzarato David Angelo
Director
Sale22,674$0.92$21KnoForm 4
2026-06-26Yanofsky Theresa
Director
Sale15,054$0.92$14KnoForm 4
2026-08-07: red flag filed
2026-08-24Gedeon Christelle
See Remarks
Sale13,344$1.47$20KnoForm 4
2026-08-24Stewart Thomas Carlton
See Remarks
Sale2,231$1.47$3KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-09 to 2026-09-06. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(a) Resignation of Independent Registered Public Accounting Firm On August 7, 2026, PKF O'Connor Davies, LLP ("PKFOD"), which had been serving as the independent registered public accounting firm of Canopy Growth Corporation (the "Company"), resigned as the Company's independent registered public accounting firm, effective August 7, 2026 (the "Resignation Date") due to strategic changes in the desire of the firm to..."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: PKF O'Connor Davies, LLP · New auditor: MNP LLP

Why this score: auditor resigned; also within 90 days: Going-concern doubt, Non-reliance / restatement

Read the original filing on SEC.gov →

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

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.