CGC · Nasdaq
Companies at this level ended the following year delisted, bankrupt, restated or silent 13.1% of the time, against 4.0% for companies with a clean record.
Hover or tap a dot to see the filings behind that score.
As previously disclosed by Canopy Growth Corporation (the “ Company ”) in its Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”) on May 10, 2023 (the “ Form 8-K ”), the Company has under the oversight of the Audit Committee of the Board of Directors of the Company, initiated an internal review of the financial reporting matters related to BioSteel Sports Nutrition Inc. (the “ BioSteel Review ”), which resulted in a determination that the Company will be required to restate its (i) audited consolidated financial statements for the fiscal year ended March 31, 2022 (the “ 2022 10-K Financial Statements ”), included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2022 (the “ 2022 10-K ”), and (ii) unaudited consolidated financial statements for the quarterly periods ended June 30, 2022, September 30, 2022 and December 31, 2022, included in the Company’s Quarterly Reports on Form 10-Q for such quarterly periods (together with the 2022 10-K Financial Statements, the “ Prior Financial Statements ” and, as restated, the “ Restated Financials ”). The Company filed a Form 12b-25 on May 26, 2023 (the “ Original 12b-25 ”), and disclosed that, as a result of the BioSteel Review and the pending restatements, the Company was unable to complete its financial statements and file its Annual Report on Form 10-K for the year ended March 31, 2023 (the “ 2023 10-K ”) by the prescribed due date for such filing without unreasonable effort or expense to the Company. In addition, in the Original 12b-25, the Company disclosed that it expected to file the 2023 10-K on or before the expiration of the 15 calendar day extension period provided in Rule 12b-25(b). However, because of additional work required to complete the BioSteel Review and the Restated Financials, the Company no longer anticipates that it will file the Form 10-K on or before the expiration of the 15 calendar day extension period
NT 10-K/A, filed 2023-06-14 · restatement
2026-08-07auditor changed or resigned SEC →
2026-05-15accounts declared unreliable SEC →
2023-06-27auditor changed or resigned SEC →
As previously disclosed by Canopy Growth Corporation (the “ Company ”) in its Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”) on May 10, 2023 (the “ Form 8-K ”), the Company has under the oversight of the Audit Committee of the Board of Directors of the Company, initiated an internal review of the financial reporting matters related to BioSteel Sports Nutrition Inc. (the “ BioSteel Review ”), which resulted in a determination that the Company will be required to restate its (i) audited consolidated financial statements for the fiscal year ended March 31, 2022 (the “ 2022 10-K Financial Statements ”), included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2022 (the “ 2022 10-K ”), and (ii) unaudited consolidated financial statements for the quarterly periods ended June 30, 2022, September 30, 2022 and December 31, 2022, included in the Company’s Quarterly Reports on Form 10-Q for such quarterly periods (together with the 2022 10-K Financial Statements, the “ Prior Financial Statements ” and, as restated, the “ Restated Financials ”). The Company filed a Form 12b-25 on May 26, 2023 (the “ Original 12b-25 ”), and disclosed that, as a result of the BioSteel Review and the pending restatements, the Company was unable to complete its financial statements and file its Annual Report on Form 10-K for the year ended March 31, 2023 (the “ 2023 10-K ”) by the prescribed due date for such filing without unreasonable effort or expense to the Company. In addition, in the Original 12b-25, the Company disclosed that it expected to file the 2023 10-K on or before the expiration of the 15 calendar day extension period provided in Rule 12b-25(b). However, because of additional work required to complete the BioSteel Review and the Restated Financials, the Company no longer anticipates that it will file the Form 10-K on or before the expiration of the 15 calendar day extension period
As previously disclosed by Canopy Growth Corporation (the “ Company ”) in its Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (“ SEC ”) on May 10, 2023 (the “ Form 8-K ”), the Company has under the oversight of the Audit Committee of the Board of Directors of the Company, initiated an internal review of the financial reporting matters related to BioSteel Sports Nutrition Inc. (the “ BioSteel Review ”), which resulted in a determination that the Company will be required to restate its (i) audited consolidated financial statements for the fiscal year ended March 31, 2022 (the “ 2022 10-K Financial Statements ”), included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2022 (the “ 2022 10-K ”), and (ii) unaudited consolidated financial statements for the quarterly periods ended June 30, 2022, September 30, 2022 and December 31, 2022, included in the Company’s Quarterly Reports on Form 10-Q for such quarterly periods (together with the 2022 10-K Financial Statements, the “ Prior Financial Statements ” and, as restated, the “ Restated Financials ”). As a result of the BioSteel Review and the pending restatements, the Company is unable to complete its financial statements and file its Annual Report on Form 10-K for the year ended March 31, 2023 (the “ 2023 10-K ”) by the prescribed due date for such filing without unreasonable effort or expense to the Company. The Company is working diligently to complete the BioSteel Review and the Restated Financials, and expects to complete them as soon as practicable. The Company plans to file the 2023 10-K on or before the expiration of the 15 calendar day extension period provided in Rule 12b-25(b)
2023-05-10accounts declared unreliable SEC →
reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.
Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.
See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.Every item above is a filing this company
made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not
investment advice