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Growth Metrics

Canopy Growth (CGC) Tax Rate: 2018-2025

Historic Tax Rate for Canopy Growth (CGC) over the last 2 years, with Mar 2025 value amounting to 0.60%.

  • Canopy Growth's Tax Rate fell 90.00% to 0.60% in Q1 2025 from the same period last year, while for Sep 2025 it was 0.36%, marking a year-over-year change of. This contributed to the annual value of 0.19% for FY2023, which is 315.00% down from last year.
  • Per Canopy Growth's latest filing, its Tax Rate stood at 0.60% for Q1 2025, which was down 59.99% from 1.49% recorded in Q1 2024.
  • In the past 5 years, Canopy Growth's Tax Rate ranged from a high of 16.41% in Q3 2021 and a low of 0.16% during Q4 2021.
  • In the last 3 years, Canopy Growth's Tax Rate had a median value of 1.05% in 2025 and averaged 1.32%.
  • Per our database at Business Quant, Canopy Growth's Tax Rate tumbled by 169bps in 2021 and then soared by 110bps in 2023.
  • Canopy Growth's Tax Rate (Quarterly) stood at 0.16% in 2021, then surged by 43bps to 0.59% in 2022, then decreased by 12bps to 0.47% in 2023, then plummeted by 121bps to 1.49% in 2024, then plummeted by 90bps to 0.60% in 2025.
  • Its Tax Rate stands at 0.60% for Q1 2025, versus 1.49% for Q1 2024 and 0.47% for Q4 2023.