Canopy Growth (CGC) Shares Outstanding (2017 - 2026)
Canopy Growth's Shares Outstanding was 422.26 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 124.2% from 188.32 million a year earlier and up 41.7% from the prior quarter.
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Analysis
Canopy Growth (CGC) Shares Outstanding (2017 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Shares Outstanding at Canopy Growth came in at 298.04 million, up 177.1% from FY2025.
- Shares Outstanding has now increased for six consecutive fiscal years, with a five-year compound annual growth rate of 51.6% (FY2021 to FY2026).
- In earlier fiscal years, Shares Outstanding was 107.55 million in FY2025 (+43.8%), 74.79 million in FY2024 (+61.3%), 46.37 million in FY2023 (+18.5%) and 39.13 million in FY2022 (+5.3%).
- The fiscal Q1 2027 figure marks the highest quarterly Shares Outstanding in data going back to fiscal Q4 2017.
- Compared with a year earlier, Shares Outstanding has increased for 22 straight quarters, with growth averaging 120.7% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 3.8% (fiscal Q1 2023) and 215.6% (fiscal Q2 2026) over the last five years.
- Per Business Quant data, CGC's Shares Outstanding in the three fiscal quarters before Q1 2027 was 298.04 million (Q4 2026), 345.53 million (Q3 2026) and 274.03 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 2.19 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 263.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 221.02 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 373.61 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 19.89 Mn |
| 10 | Canopy Growth | 380.72 Mn | -626.47 Mn | 16.08 Mn | 422.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 422.26 Mn |
| Mar 31, 2026 | 298.04 Mn |
| Dec 31, 2025 | 345.53 Mn |
| Sep 30, 2025 | 274.03 Mn |
| Jun 30, 2025 | 188.32 Mn |
| Mar 31, 2025 | 107.55 Mn |
| Dec 31, 2024 | 110.31 Mn |
| Sep 30, 2024 | 86.83 Mn |
| Jun 30, 2024 | 79.24 Mn |
| Mar 31, 2024 | 74.79 Mn |
| Dec 31, 2023 | 82.92 Mn |
| Sep 30, 2023 | 71.63 Mn |
| Jun 30, 2023 | 55.05 Mn |
| Mar 31, 2023 | 46.37 Mn |
| Dec 31, 2022 | 48.61 Mn |
| Sep 30, 2022 | 47.16 Mn |
| Jun 30, 2022 | 39.85 Mn |
| Mar 31, 2022 | 39.13 Mn |
| Dec 31, 2021 | 39.38 Mn |
| Sep 30, 2021 | 39.33 Mn |
API Access
Canopy Growth Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=CGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "CGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();