Canopy Growth (CGC) Work In Process (2019 - 2026)
Canopy Growth's (CGC) quarterly Work In Process came in at $35.4 million in Q2 2026, up 20.69% year-over-year from $29.3 million in Q2 2025, and up 5.08% quarter-over-quarter from $33.7 million in Q1 2026.
Analysis
Canopy Growth (CGC) Work In Process (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed Work In Process across 8 years of filings, most recently posting $35.4 million for Q2 2026.
- In Q2 2026, Work In Process rose 20.69% year-over-year to $35.4 million; the TTM figure through Jun 2026 stood at $35.4 million (up 20.69% YoY), while the FY2026 annual figure was $33.7 million, up 2.97% from the prior year.
- Work In Process came in at $35.4 million for Q2 2026 at Canopy Growth, up from $33.7 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $51.5 million in Q1 2022 to a low of $23.3 million in Q1 2024.
- Average Work In Process over 5 years is $33.9 million, with a median of $31.7 million recorded in 2024.
- Year-over-year, Work In Process slumped 73.01% in 2022 and surged 40.55% in 2025.
- Over 5 years, Work In Process stood at $47.5 million in 2022, then slumped by 40.48% to $28.3 million in 2023, then grew by 8.19% to $30.6 million in 2024, then gained by 17.29% to $35.9 million in 2025, then decreased by 1.33% to $35.4 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $35.4 million in Q2 2026, $33.7 million in Q1 2026, and $35.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 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, 2026 | 35.40 Mn |
| Mar 31, 2026 | 33.69 Mn |
| Dec 31, 2025 | 35.88 Mn |
| Sep 30, 2025 | 34.17 Mn |
| Jun 30, 2025 | 29.33 Mn |
| Mar 31, 2025 | 32.72 Mn |
| Dec 31, 2024 | 30.59 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 26.16 Mn |
| Mar 31, 2024 | 23.28 Mn |
| Dec 31, 2023 | 28.28 Mn |
| Sep 30, 2023 | 27.31 Mn |
| Jun 30, 2023 | 25.04 Mn |
| Mar 31, 2023 | 25.23 Mn |
| Dec 31, 2022 | 47.50 Mn |
| Sep 30, 2022 | 45.91 Mn |
| Jun 30, 2022 | 48.27 Mn |
| Mar 31, 2022 | 51.51 Mn |
| Dec 31, 2021 | 132.03 Mn |
| Sep 30, 2021 | 118.45 Mn |