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Canopy Growth Corporation: Accounting Problems in the Cannabis Industry?

Mary Gillett; Morgan Hart

商品編號:9B21B007
出版日期:2021/03/31
再版日期:2022/04/26
商品來源:
商品主題:Accounting
商品類型:Case (Pub Mat)
涵蓋議題:biological assets;agriculture;asset impairments;acquisitions;accounting for derivatives
難易度:4 - Undergraduate/MBA
內容長度:22 頁
地域:Canada
產業:Agriculture; Forestry; Fishing and Hunting
事件年度:2019

In November 2019, John Fowler, founder and principle of consulting firm Blaise Ventures (Blaise) had been listening to a conference call where the management of Canopy Growth Corporation (Canopy) had reported its financial results for its second quarter ended September 30, 2019. Cannabis companies faced a wide array of complex financial reporting issues, and Fowler felt that being able to understand these issues and explain them to clients was critical to Blaise’s success. Armed with Canopy’s second quarter financial statements and select financial statement note disclosures, he set out to analyze the issues present in the company’s most recent results.

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