Canopy Growth Reports First Quarter Fiscal 2026 Financial Results

Canopy Growth Corporation (NASDAQ:CGC) is among the 12 Best Marijuana Stocks to Buy According to Analysts. Canopy Growth Corporation (NASDAQ:CGC) released Q1 FY2026 net revenue of $72.1M, up 9% year-over-year. This growth was fuelled by a 13% rise in medical cannabis sales and a 43% increase in adult-use cannabis sales in Canada to$ 27M. International cannabis revenue jumped 5% to $8.8 million, but Storz & Bickel vaporizer revenue decreased 25% to$ 15.1 million. The consolidated gross margin declined from ...