Canopy Growth (CGC) Tax Rate (2021)
Canopy Growth (CGC) posted Tax Rate of 0.88% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 1.53 percentage points from -0.65% a year earlier and up 0.33 percentage points from the prior quarter.
Canopy Growth (CGC) Tax Rate (2021) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Canopy Growth was 0.17%, up 0.45 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was -0.01%, up 1.40 percentage points from FY2025.
- Annual Tax Rate shows a five-year change of -0.79 percentage points (FY2021 to FY2026).
- In prior fiscal years, Canopy Growth's Tax Rate was -1.41% in FY2025 (+1.02 pp), -2.43% in FY2024 (-2.61 pp), 0.19% in FY2023 (-3.15 pp) and 3.34% in FY2022 (+2.56 pp).
- The fiscal Q1 2027 figure stands as the highest quarterly Tax Rate since fiscal Q4 2024.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +1.38 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2025, with a gain of 17.51 percentage points; the weakest was fiscal Q1 2024, with a drop of 23.42 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 0.55% (Q4 2026), -0.63% (Q3 2026) and -4.49% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 26.34% |
| 10 | Canopy Growth | 380.72 Mn | -626.47 Mn | 16.08 Mn | - |
Canopy Growth Tax Rate 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=tax-rate&ticker=CGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();