Canopy Growth (CGC) revenue breakdown
By segment, Cannabis is the largest at 75% of fiscal 2026 revenue, growing 6% a year over 2 years.
By region, CANADA is the largest at 65% of fiscal 2026 revenue; Germany grew fastest, 19% a year over 7 years.
Revenue by segment
Fiscal years, as Canopy Growth reports them in its 10-K filings; fiscal 2026 total $285M.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Cannabis | — | — | — | — | — | $192M | $187M | $214M | 75% |
| Storz & Bickel | — | — | $81M | $85M | $65M | $79M | $82M | $71M | 25% |
| This Works | — | — | — | — | — | $21M | — | — | — |
| Other | — | — | — | — | — | $5M | — | — | — |
| Global Cannabis | $192M | $295M | — | — | — | — | — | — | — |
| Canada Cannabis | — | — | $285M | $258M | $195M | — | — | — | — |
| International Markets Cannabis | — | — | $94M | $79M | $39M | — | — | — | — |
| BioSteel | — | — | $29M | — | — | — | — | — | — |
| This Works | — | — | $33M | $32M | $26M | — | — | — | — |
| Other | $34M | $104M | $25M | $21M | $8M | — | — | — | — |
Revenue by region
Fiscal years, as Canopy Growth reports them in its 10-K filings; fiscal 2026 total $285M.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| CANADA | $198M | $256M | $329M | $268M | $201M | $163M | $156M | $186M | 65% |
| Germany | $18M | $94M | $116M | $91M | $49M | $52M | $60M | $62M | 22% |
| United States | $10M | $25M | $65M | $65M | $36M | $41M | $36M | $28M | 10% |
| Other | $6,000 | $24M | $36M | $51M | $47M | $41M | $17M | $8M | 3% |
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Where does Canopy Growth make its money?
In fiscal 2026, by segment: Cannabis $214M, Storz & Bickel $71M.
From Canopy Growth's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.