Canopy Growth (CGC) Divestments (2021 - 2024)
Canopy Growth (CGC) reported Divestments of $2.4 million for Q3 2024, up 118.49% on a YoY basis from $1.1 million in Q4 2023, and down 67.85% sequentially from $7.4 million in Q2 2024.
Canopy Growth (CGC) Divestments (2021 - 2024) Analysis & Trends
Canopy Growth (CGC) has 4 years of Divestments data on file, last reported at $2.4 million in Q3 2024.
- For the quarter ending Q3 2024, Divestments rose 118.49% year-over-year to $2.4 million; the trailing twelve-month figure through Dec 2025 stood at $2.4 million (down 91.49% YoY), and the FY2025 full-year result was $9.8 million, down 39.68% from the prior year.
- Divestments slipped to $2.4 million in Q3 2024, from $7.4 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $18.3 million in Q1 2024 to a low of -$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.
- Across the five-year window, Divestments surged 99.07% in 2023 and jumped 24053.74% in 2024, its largest moves.
- Tracing CGC's Divestments over 4 years: stood at $8.4 million in 2021, then slumped by 419.1% to -$26.8 million in 2022, then soared by 139.8% to $10.7 million in 2023, then tumbled by 77.62% to $2.4 million in 2024.
- Business Quant data shows CGC's Divestments at $2.4 million in Q3 2024, $7.4 million in Q2 2024, and $18.3 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 42.00 Mn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | - |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 3.28 Mn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | - |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | - |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 63.20 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | - |
| 10 | Canopy Growth | 197.77 Mn | -68.15 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 |