Canopy Growth CGC
NASDAQ CGC
$0.96 0.00 (-0.39%)
As of: Sep 9, 2026 · 3:54 PM EDT

Canopy Growth (CGC) Asset Writedowns and Impairment (2020 - 2023)

Canopy Growth's (CGC) quarterly Asset Writedowns and Impairment came in at $7.9 million in Q2 2023, down 99.42% year-over-year from $1.4 billion in Q2 2022, and down 97.14% quarter-over-quarter from $275.7 million in Q1 2023.

Analysis

Canopy Growth (CGC) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Canopy Growth has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $7.9 million for Q2 2023.

  • In Q2 2023, Asset Writedowns and Impairment fell 99.42% year-over-year to $7.9 million; the TTM figure through Jun 2023 stood at $379.0 million (down 75.59% YoY), while the FY2023 annual figure was $1.6 billion, up 526.97% from the prior year.
  • Asset Writedowns and Impairment came in at $7.9 million for Q2 2023 at Canopy Growth, down from $275.7 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.4 billion in Q2 2022 to a low of -$809503.1 in Q3 2021.
  • Average Asset Writedowns and Impairment over 4 years is $213.2 million, with a median of $76.3 million recorded in 2021.
  • Year-over-year, Asset Writedowns and Impairment soared 10927.04% in 2022 and slumped 99.42% in 2023.
  • Over 4 years, Asset Writedowns and Impairment stood at $270.5 million in 2020, then tumbled by 90.45% to $25.8 million in 2021, then slumped by 69.77% to $7.8 million in 2022, then advanced by 0.88% to $7.9 million in 2023.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $7.9 million in Q2 2023, $275.7 million in Q1 2023, and $7.8 million in Q4 2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn
2 Trulieve Cannabis 2.26 Bn 1.94 Bn 162.29 Mn
3 Green Thumb Industries 1.72 Bn 1.43 Bn 137.87 Mn
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn
6 Vireo Growth 547.80 Mn 405.50 Mn 95.30 Mn
7 Tilray Brands 473.05 Mn 238.42 Mn 90.52 Mn
8 Verano Holdings 438.09 Mn 352.89 Mn 99.70 Mn
9 Canopy Growth 407.15 Mn 160.14 Mn 16.08 Mn
10 Sndl 363.83 Mn 231.28 Mn 40.74 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2023 7.88 Mn
Mar 31, 2023 275.71 Mn
Dec 31, 2022 7.81 Mn
Sep 30, 2022 87.65 Mn
Jun 30, 2022 1.35 Bn
Mar 31, 2022 173.45 Mn
Dec 31, 2021 25.83 Mn
Sep 30, 2021 -809,503.09
Jun 30, 2021 66.47 Mn
Mar 31, 2021 76.32 Mn
Dec 31, 2020 270.49 Mn