Company: CGC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000950170-25-015839
Chunk: 46

Company: Canopy Growth Corp
Filing Date: 2025-02-07
Form: 10-Q
Item: Item 1
Chunk 46
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        10,334

        27,515

        28,102

        Other

        4,738

        13,687

        13,511

        37,245

        $
        74,761

        $
        78,505

        $
        203,964

        $
        224,358

      Disaggregation of property, plant and equipment by geographic area:

        December 31,

        March 31,

        2024

        2024

        Canada
         
        $
        247,414

        $
        266,086

        Germany

        51,030

        50,527

        Other

        1,160

        3,490

        $
        299,604

        $
        320,103

      For the three months ended December 31, 2024, one customer represented more than 10% of the Company’s net revenue (three months ended December 31, 2023 – one).For the nine months ended December 31, 2024, one customer represented more than 10% of the Company's net revenue (nine months ended December 31, 2023 – one).

30.  SUBSEQUENT EVENTSATM ProgramSince December 31, 2024, the Company sold an additional 17,896,019 common shares under the ATM Program for gross proceeds of $58,902.

31

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Introduction

This Management’s Discussion and Analysis (“MD&A”) should be read together with other information, including our unaudited condensed interim consolidated financial statements and the related notes to those statements included in Part I, Item 1 of this Quarterly Report (the “Interim Financial Statements”), our consolidated financial statements appearing in our Annual Report on Form 10-K for the year ended March 31, 2024 (the “Annual Report”), Part I, Item 1A, Risk Factors, of the Annual Report and Part II, Item 1A, Risk Factors, of this Quarterly Report. This MD&A provides additional information on our business, recent developments, financial condition, cash flows and results of operations, and is organized as follows:

•Part 1 - Business Overview. This section provides a general description of our business, which we believe is important in understanding the results of our operations, financial condition, and potential future trends