Company: CGC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000950170-25-015839
Chunk: 4

Company: Canopy Growth Corp
Filing Date: 2025-02-07
Form: 10-Q
Item: Item 1
Chunk 4
---
    164,618

    (473,524
    )

    Effect of exchange rate changes on cash and cash equivalents

    6,376

    (2,953
    )

    Net decrease in cash and cash equivalents

    (8,391
    )

    (534,262
    )

    Cash and cash equivalents, beginning of period1

    170,300

    677,007

    Cash and cash equivalents, end of period2
     
    $
    161,909

    $
    142,745

    1 Includes cash of our discontinued operations of $nil and $9,314 for March 31, 2024 and 2023, respectively.

    2 Includes cash of our discontinued operations of $nil and $nil for December 31, 2024 and 2023, respectively.

The accompanying notes are an integral part of these condensed interim consolidated financial statements.

5

CANOPY GROWTH CORPORATION

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS 

(in thousands of Canadian dollars, unaudited)

    Nine months ended December 31,

    2024

    2023

    Supplemental disclosure of cash flow information

    Cash received during the period:

    Income taxes
     
    $
    101

    $
    4,002

    Interest
     
    $
    2,040

    $
    14,230

    Cash paid during the period:

    Income taxes
     
    $
    476

    $
    1,551

    Interest
     
    $
    53,193

    $
    80,108

    Noncash investing and financing activities

    Additions to property, plant and equipment
     
    $
    339

    $
    199

The accompanying notes are an integral part of these condensed interim consolidated financial statements.

6

CANOPY GROWTH CORPORATION

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

(in thousands of Canadian dollars, unaudited, unless otherwise indicated)

1.  DESCRIPTION OF BUSINESSCanopy Growth Corporation is a publicly traded corporation, incorporated in Canada, with its head office located at 1 Hershey Drive, Smiths Falls, Ontario. References herein to “Canopy Growth” or “the Company” refer to Canopy Growth Corporation and its subsidiaries.The principal activities of