Canopy Growth Reports Mixed Q3 Results, Narrower Loss Amid Ongoing Cost Cuts
ByAinvest
Friday, Feb 6, 2026 9:09 am ET1min read
CGC--
Canopy Growth reported Q3 net revenue of C$74.5mln, beating estimates, and a narrower loss of C$0.18 per share, an 84% improvement from last year. Cannabis net revenue rose 4% to C$52mln, while international cannabis revenue declined 31% YoY due to supply chain challenges. The company has achieved C$29mln in annualized cost savings and expects the acquisition of MTL Cannabis to close in Q4.
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