Canopy Growth Corp got a warning from Nasdaq for not meeting the rules to stay listed.

Oct 16, 2026, 5:09 PM ETTroubleRead the original at SEC EDGAR

Bad for CGC

Canopy Growth's shares missed Nasdaq's $1 minimum for 30 business days, putting its Nasdaq listing at risk. Trading continues and it has 180 days to fix this, with possible extra time; its Toronto listing is unaffected.

CGC · Canopy Growth Corp

AI read · Bad for CGC

The AI's read

That puts Canopy Growth's Nasdaq listing at risk and may require a share consolidation. Shareholders must approve the proposal, and the company says the change may not keep its share price above $1. Trading can continue, and its Toronto listing is unaffected. Those facts give the company time, but do not ensure it will meet Nasdaq's rule.

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