Canopy Growth Appoints Interim CFO Amid Leadership Change

Canopy Growth ( (TSE:WEED) ) has provided an announcement.

On July 9, 2025, Canopy Growth Corporation announced the termination of its Chief Financial Officer, Judy Hong, without cause, and appointed Thomas Stewart as the interim CFO. Stewart, who has been with the company since 2019, brings extensive experience in finance and accounting, and his appointment aligns with Canopy Growth’s Fiscal 2026 strategy focusing on operational efficiency and disciplined capital management. The company is conducting a search for a permanent CFO while Stewart supports the company’s financial and operational priorities.

The most recent analyst rating on (TSE:WEED) stock is a Sell with a C$1.50 price target. To see the full list of analyst forecasts on Canopy Growth stock, see the TSE:WEED Stock Forecast page.

Spark’s Take on TSE:WEED Stock

According to Spark, TipRanks’ AI Analyst, TSE:WEED is a Neutral.

Canopy Growth faces significant financial and operational challenges, with weak financial performance being the most critical factor. While there are efforts towards restructuring and positive product innovations, these are insufficient to overcome the current financial distress and bearish technical indicators.

To see Spark’s full report on TSE:WEED stock, click here.

More about Canopy Growth

Canopy Growth is a leading cannabis company committed to enhancing lives through innovative cannabis products. It operates globally with principal operations in Canada, Europe, and Australia, and serves medical cannabis patients. The company has a significant presence in the U.S. THC market through its interest in Canopy USA, LLC, and offers products from brands like Tweed, 7ACRES, and Storz & Bickel.

Average Trading Volume: 2,087,200

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$344.7M

For an in-depth examination of WEED stock, go to TipRanks’ Overview page.