Canopy Growth signals positive adjusted EBITDA in fiscal 2027 amid MTL acquisition and expanding European focus [Seeking Alpha]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Seeking Alpha
CEO Luc Mongeau stated that "Q3 was a quarter where Canopy Growth delivered significant progress on multiple levels, and it reinforced my confidence that we're building stronger business." He highlighted a net Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Management expects the MTL acquisition will be accretive, improving net revenue, gross margin, and adjusted EBITDA as MTL brings profitable operations and stronger presence, especially in Quebec and medical cannabis. Management expects to achieve positive adjusted EBITDA during fiscal 2027, supported by disciplined execution, cost saving measures already totaling $29 million annually, and growth in Canadian and international markets. Key risks include changes to veterans medical cannabis reimbursement, integration and costs related to MTL acquisition, sustaining international growth
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News
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- Canopy Growth (NASDAQ:CGC) had its "neutral" rating reaffirmed by analysts at Alliance Global Partners.MarketBeat
- Canopy Growth Q3 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Corp (CGC) Q3 2026 Earnings Call Highlights: Navigating Growth and Challenges in ... [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 2/6/26 - Miss
CGC
Sec Filings
- 2/6/26 - Form S-3
- 2/6/26 - Form 8-K
- 2/6/26 - Form 10-Q
- CGC's page on the SEC website