Canopy Growth Q2 FY27 net loss widens to CAD 40.69 million
CGC•Canopy Growth’s Q2 FY27 net loss widened to CAD 40.69 million, while net revenue rose 22% year over year to CAD 81.37 million. Cannabis segment revenue grew 30% to CAD 66.24 million.
1. Quarterly results
Canopy Growth’s Q2 FY27 net loss widened year over year to CAD 40.69 million, primarily due to fair-value charges on Canopy USA-related assets. Net revenue rose 22% to CAD 81.37 million, and Cannabis segment revenue increased 30% to CAD 66.24 million. International markets cannabis net revenue more than doubled to CAD 12.27 million, primarily driven by sales in Germany and Poland.
2. International expansion
The Smiths Falls facility received EU GMP certification, expanding the international supply chain, and medical cannabis distribution expanded into the U.K.
