Canopy Growth Corporation. (NASDAQ:CGC) Q1 2025 Earnings Conference Call August 9, 2024 10:00 AM ET

Company Participants

Tyler Burns - Director, IR
David Klein - CEO
Judy Hong - CFO

Conference Call Participants

Aaron Grey - Alliance Global Partners
Frederico Gomes - ATB Capital Markets
Michael Lavery - Piper Sandler
William Kirk - Roth Capital Partners

Operator

Good morning. My name is Joelle [ph]. I will be your conference operator today. I would like to welcome you to Canopy Growth's First Quarter Fiscal 2025 Financial Results Conference Call. Currently all participants are in a listen-only mode.

I will now turn the call over to Tyler Burns, Director of Investor Relations. Tyler, you may begin the conference.

Tyler Burns

Good morning, and thank you for joining us. On our call today, we have Canopy Growth's Chief Executive Officer, David Klein and Chief Financial Officer, Judy Hong.

Before financial markets opened today, Canopy Growth issued a news release announcing the financial results for our first quarter fiscal year 2025 ended June 30, 2024. The news release and financial statements have been filed on EDGAR and SEDAR and will be available on our website under the Investors tab. Before we begin, I would like to remind you that our discussion during the call will include forward-looking statements that are based on management's current views and assumptions and that this discussion is qualified in its entirety by the cautionary note regarding forward-looking statements included at the end of the news release issued today.

Please review today's earnings release and Canopy's reports filed with the SEC and SEDAR for various factors that could cause actual results to differ materially from projections. In addition, reconciliations between any non-GAAP measures to their closest reported GAAP measures are included in our earnings release. Please note that all financial information is provided in Canadian dollars unless otherwise stated. Following remarks by David and Judy, we will conduct a question-and-answer session where we will take questions from analysts.

With that, I will turn the call over to David. David, please begin.

David Klein

Thanks, Tyler, and good morning, everyone. Thank you for joining us today to discuss Canopy Growth's results for the first quarter of fiscal 2025. I'm excited to review the continued progress we've made as an organization, reinforcing our path towards sustained profitability and leadership in the global cannabis market. This quarter demonstrates that our strategic focus is paying off, which is evident in the sustained improvement of our key financial metrics and profitable revenue generation across all of our business units.