Canopy Growth (CGC) Restructuring Costs (2020 - 2023)
Canopy Growth's (CGC) quarterly Restructuring Costs came in at $1.6 million in Q2 2023, down 99.88% year-over-year from $1.4 billion in Q2 2022, and down 99.46% quarter-over-quarter from $299.7 million in Q1 2023.
Analysis
Canopy Growth (CGC) Restructuring Costs (2020 - 2023) Analysis & Trends
Canopy Growth has disclosed Restructuring Costs across 4 years of filings, most recently posting $1.6 million for Q2 2023.
- In Q2 2023, Restructuring Costs fell 99.88% year-over-year to $1.6 million; the TTM figure through Jun 2023 stood at $395.4 million (down 74.92% YoY), while the FY2026 annual figure was $48.9 million, up 124.72% from the prior year.
- Restructuring Costs came in at $1.6 million for Q2 2023 at Canopy Growth, down from $299.7 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $1.4 billion in Q2 2022 to a low of $1.6 million in Q2 2023.
- Average Restructuring Costs over 4 years is $188.8 million, with a median of $59.1 million recorded in 2021.
- Year-over-year, Restructuring Costs jumped 3797.97% in 2022 and sank 99.88% in 2023.
- Over 4 years, Restructuring Costs stood at $307.1 million in 2020, then sank by 90.59% to $28.9 million in 2021, then sank by 43.28% to $16.4 million in 2022, then sank by 90.19% to $1.6 million in 2023.
- Per Business Quant data, the three most recent Restructuring Costs figures were $1.6 million in Q2 2023, $299.7 million in Q1 2023, and $16.4 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.28 Bn | 1.96 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn |
| 5 | Glass House Brands | 669.01 Mn | 650.45 Mn | 15.77 Mn |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn |
| 7 | Tilray Brands | 469.70 Mn | 235.06 Mn | 90.52 Mn |
| 8 | Verano Holdings | 437.36 Mn | 352.16 Mn | 99.70 Mn |
| 9 | Canopy Growth | 405.16 Mn | 158.15 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 299.67 Mn |
| Dec 31, 2022 | 16.40 Mn |
| Sep 30, 2022 | 77.72 Mn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 190.37 Mn |
| Dec 31, 2021 | 28.91 Mn |
| Sep 30, 2021 | 1.99 Mn |
| Jun 30, 2021 | 72.61 Mn |
| Mar 31, 2021 | 59.11 Mn |
| Dec 31, 2020 | 307.15 Mn |
| Sep 30, 2020 | 34.79 Mn |
| Jun 30, 2020 | 9.23 Mn |