Canopy Growth (CGC) Divestments (2021 - 2024)
Canopy Growth (CGC) posted Divestments of $2.4 million for Q3 2024, down 67.85% sequentially from $7.4 million in Q2 2024, and up 118.49% YoY from $1.1 million in Q4 2023.
Canopy Growth (CGC) Divestments (2021 - 2024) Analysis & Trends
Canopy Growth has reported Divestments for 4 years, with the latest figure at $2.4 million in Q3 2024.
- Quarterly Divestments rose 118.49% year-over-year to $2.4 million in Q3 2024, while the trailing twelve-month figure through Dec 2025 was $2.4 million (down 91.49% YoY) and the FY2025 annual result came in at $9.8 million, down 39.68% from the prior year.
- Divestments slipped to $2.4 million in Q3 2024 per CGC's latest filing, from $7.4 million in the prior quarter.
- Over five years, Divestments peaked at $18.3 million in Q1 2024 and troughed at -$26.8 million in Q4 2022.
- A 4-year average of -$68477.3 and a median of $1.3 million in 2023 frame the typical range for Divestments.
- The sharpest annual moves came in 2023 and 2024: Divestments jumped 99.07% in 2023, then soared 24053.74% in 2024.
- Over 4 years, Divestments stood at $8.4 million in 2021, then sank by 419.1% to -$26.8 million in 2022, then soared by 139.8% to $10.7 million in 2023, then slumped by 77.62% to $2.4 million in 2024.
- According to Business Quant data, Divestments over the past three periods registered $2.4 million, $7.4 million, and $18.3 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.85 Bn | 42.88 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.02 Bn | 39.37 Bn | 2.15 Bn | 4.00 Mn |
| 3 | Zoetis | 31.47 Bn | 29.79 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.59 Bn | 22.79 Bn | 5.10 Bn | 65.64 Mn |
| 5 | United Therapeutics | 22.20 Bn | 19.53 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.76 Bn | 17.87 Bn | 1.46 Bn | - |
| 7 | Neurocrine Biosciences | 15.45 Bn | 15.06 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.10 Bn | 9.94 Bn | - | - |
| 10 | Canopy Growth | 442.95 Mn | 195.94 Mn | 16.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.39 Mn |
| Jun 30, 2024 | 7.43 Mn |
| Mar 31, 2024 | 18.25 Mn |
| Dec 31, 2023 | 10.67 Mn |
| Sep 30, 2023 | -12.91 Mn |
| Jun 30, 2023 | 140,701.52 |
| Mar 31, 2023 | -76,188.73 |
| Dec 31, 2022 | -26.80 Mn |
| Mar 31, 2022 | -8.17 Mn |
| Jun 30, 2021 | 8.40 Mn |