25 Products If Your Hair Is In Its Glow Up Era
We hope you love our recommendations! Some may have been sent as samples, but all were independently selected by our editors. Just FYI, BuzzFeed and its publishing partners may collect a share of sales and/or other compensation from the links on this page.
Stop neglecting your locks. They're begging for attention.
1. A reparative Ouai hair treatment mask because your dry, color-treated, and damaged hair could use a glow-up. This formula contains shea butter, hydrolyzed keratin, and proteins that will work together to help hydrate and soften your hair. Plus, it's free of parabens and phthalates!
www.amazon.com, www.amazon.com
Promising review:"Love this hair mask. My hair is recently processed and a little frazzled. This mask made it soft and touchable, and the scent is heavenly! It smells like high-end perfume, though much more subtle. I have used it both as rinse-out and as leave-in." — Mary Anne Mong
Get it from Amazon for $38 (available in two formulas).
2. Or an inexpensive in-shower K-beauty hair protein treatment for conditioning and repairing dry, damaged, and over-processed hair in just 5–20 minutes. TBH I'm already obsessed with your hair evolution!
www.amazon.com, www.amazon.com
Promising review:"As someone who frequently colors and bleaches my hair, I've tried various repair treatments, including Olaplex, K18, and Boldplex. While all of them have improved my hair's quality, this protein treatment stands out as my favorite. The results are impressive—my hair feels repaired, with improved texture and shine, especially after chemical treatments. If you're looking for an affordable alternative for high-end brands like Olaplex or K18, this is definitely worth trying." — One Woman Says
Get it from Amazon for $7.76.
3. A delightfully scented foaming mousse formulated with coconut and shea oils that'll help to hydrate hair, define curls, and combat frizz. It's also a great mousse to use atop natural protective styles like knotless braids.
www.amazon.com, www.amazon.com
Promising review: "Possibly better than Deva Curl foam mousse, and I can buy six of these for the price of one Deva Curl. This stuff is awesome. I have type 2c curly hair that, without mass product, gets like Krusty the Clown frizzy. I've loosely been following curly girl routines, sulfate/paraben/yada-yada free shampoo and conditioner, curly girl microfiber towel, satin pillowcase, the whole nine yards. I usually have to put serum, mousse, and sometimes hairspray in it to make it look decent, but then it's all crunchy. I used this stuff on my damp hair and let it air dry, and my hair looked so nice, and it was soft, too, not crunchy. I actually had some nice curls form. So if you're at the end of your rope with your unruly hair, give this stuff a try, and if it doesn't work for you, it was only $4, not $24." — MrsT 111111
Get it from Amazon for $3.98.
4. Or a curly hair John Frieda air dry styling foam if you're avoiding heat but still want perfect ringlets. This smooth and non-sticky foam will help grant your wish while also creating a barrier around each curl so they stay in perfect shape.
www.amazon.com
Promising reviews:"I have tried numerous products on my daughter's curly hair, and this is the first one that really seems to work!! It tames the frizz without leaving it crunchy." — Abbey
"I love that this product does not weigh down my hair. I put this product in my hair and there's no blow-drying needed. My hair is not sticky or crunchy. I totally recommend this product. Natural curls with no frizz" — 1Kittydog
Get it from Amazon for $9.39.
5. A Briogeo micro-exfoliating shampoo formulated with charcoal and coconut oil. Reviewers rave about this hair care essential because it helps their scalp feel clean and effectively removes dandruff.
Amazon
Promising review:"So for almost 2 years, my scalp was going through it and was always dry, creating pretty big and noticeable flakes. I had a great hair routine before and started exploring shampoo/conditioner brands and dandruff shampoo products. After giving these products time, nothing changed. I was hopeless. A friend recommended this shampoo to me. OH MY GOD. After two washes, it's a massive difference. Barely any flakes, probably even nonexistent. Highly recommend this product." — Briana Torres
Get it from Amazon for $15+ (available in three sizes).
6. Or a clean and vegan shampoo since it was made with all hair types and sensitive skin in mind. If your goal is smoother hair with less frizz, and if you love a good lather, this sulfate-free shampoo is prolly for you!
www.amazon.com
Seen is a small business created by Dr. Iris Rubin, who realized that haircare is an essential part of skincare. This woman-owned haircare business creates non-comedogenic products.
Promising review:"I bought this product because my scalp was constantly itchy and dry. I have tried various dry scalp shampoos, dandruff shampoos, and coal tar products, hoping to find relief, but nothing worked. After a week of use, my skin feels relieved; not only is the itchiness gone, but my skin is no longer white and chalky. An added benefit is my hair feels so soft, and I seem to be losing less hair." — Lee Pilkington
Get it from Seen on Amazon for $29 (available in two scents).
7. A hassle-free interlocking tool that'll help you maintain your gorgeous locs. This flexible and non-slip tool automatically adjusts to fit the size of your locs, so it's super easy to use!
Amazon, www.amazon.com
Promising review: " I went from paying $165 and up per retightening to no longer having maintenance costs. If you have locs, this is a must, even if it's only used between appointments to freshen up your edges. It comes in a nice case and pouch, so between those two, I have not lost the tiny item yet. For me, this literally never happens because most small items I own are lost before I blink. Virtually pain-free compared to the sisterlock tool — because of its smooth coating, it glides easily through your locks. It is large enough to hold comfortably for hours because I am slow, and the instructions are easy to understand. I have small to medium sister locks and could not be happier with the new freedom I have." — Kiara Hepburn
Get it from Amazon for $17.99.
8. A bottle of Fanola purple shampoo to help brighten your hair without spending $$$ on a trip to the salon. It tones down pesky, brassy hues so your hair's color is more even.
www.amazon.com
Just don't use it for more than three minutes (once a week), because then your hair will turn lavender (unless you're into that, which some reviewers are!!!).
"It tones my blonde very well and IMO is a bit better than Olaplex's purple shampoo. I've tried others and always go back to this." — Katie
For more info, check out our Fanola No Yellow deep dive.
Get it from Amazon for $12.25+ (available in two sizes).
9. An eight-second L'Oréal lamellar rinse-out treatment for shinier, healthier, and silkier hair in, well, eight seconds. No need to wait 10 long minutes to rinse your hair out. This treatment targets damaged areas to help give you smooth and shiny hair that's easier to style.
www.amazon.com, www.amazon.com
Use this two to three times per week after shampooing your hair, and remember not to use it on your scalp. This treatment is just for the length of your hair.
Promising review:"I don't usually do reviews on products, but for this one, I absolutely have to. I have 3c-type hair and struggle with a lot a breakage, unmanageability, and moisture. When my mom mentioned this product to me I didn't take her seriously because of the simple fact that we have two completely different hair textures. I never would've thought this brand would work on my hair. I have always used ethnic hair products and stayed away from brands such as this one. I have never in my 22 years felt my hair like this. I feel like I have a completely different head of hair. This product is so amazing and I will FOREVER be using this product in my hair regimen. Thank you so much!! ♥️" — Theressa Hailey
Get it from Amazon for $10.97.
10. A bottle of dandruff shampoo made with ketoconazole to help relieve and control flaking, scaling, and itching caused by dandruff. If you're so scared of shedding dandruff that you haven't worn a black top in forever, you need to try this shampoo.
Read more about ketoconazole shampoo at Cleveland Clinic.
Promising review:"If I could give this product more than 5 stars, then I would!! My husband has suffered from extreme dandruff/Psoriasis for years to the point that he would pick constantly at his scalp. I would be able to visually see large sores and peeling skin chunks constantly, no matter what shampoo/treatment he would use. I found this product by chance and told my husband about it, who was willing to give it a chance (he'd more than given up on finding a solution to his problem at this point). After two shampoos he said that he absolutely noticed a difference and did not feel that he had to scratch his scalp. His sores healed within a week, and now he has a clean, itch- and flake-free scalp! This stuff worked absolute wonders for us, and I would recommend it to anyone with slight dandruff issues to extreme psoriasis conditions!" — Tabitha C.
Get it from Amazon for $14.79.
11. A non-greasy 10-in-1 leave-in spray that conditions, detangles, and protects against heat. Basically it's a miracle in a bottle. If you're on the lookout for something to help prevent breakage that'll also leave you with a healthy-looking sheen, this is the hair treatment for you.
Mane Club is a small haircare business making cruelty-free and vegan products.
BuzzFeed editor Elizabeth Lilly loves this spray:
"I have a very thick head of naturally curly hair and have put it through just about everything, including all kinds of hot tools, at-home dye kits, the gamut of shampoo and conditioner types, basically every dry shampoo and hair oil in existence, and just about anything else to try for a story for you dear readers. Lots of products have either straight-up failed, been meh enough for me not to recommend, or fantastic but so costly that I feel guilty recommending them. Basically, a lot of stuff ends up in the trash or pawned off on my (grateful) friends when it isn't a fit for me. But THIS STUFF. This stuff has become my go-to for spraying on my wet hair and then blow-drying. Normally I'd apply a heat protector and an oil treatment or leave-in conditioner before blow drying. But this 10-in-1 treatment takes the cake! Most of the time when I use it, I don't even need to finish off my hair with hair oil (I've been doing that as an essential hair step for years now). It's really that good! Here, I have freshly blow-dried hair with just this post-shower using this Amika blow-dryer brush. This brush is fantastic on its own but this spray-on treatment has more or less doubled this brush's effectiveness. My hair comes out feeling softer, looking shinier and healthier, and stays looking good for days — which is especially great news because I wash my hair about every four days. 'Tis time for me to unload a bunch of hair products I now no longer need to my friends."
12. Or a 5-in-1 Elizabeth Mott leave-in hair primer and heat protectant because your flat iron is your hair's best friend and number one nemesis. Comprised of eight herbal extracts, this multi-tasking formula repairs, smooths, and polishes hair. Plus, some reviewers say this helps with humidity-induced frizz as well as dealing with tangles!
Amazon
Promising review:"I've tried various hair products, but this has quickly become a staple. This leave-in treatment is lightweight and doesn't leave any greasy residue, which is a major win for anyone looking to avoid buildup. I noticed a visible difference after just one use — my hair felt softer, looked shinier, and was significantly easier to manage. It also seems to cut down on frizz, which is a lifesaver in humid weather. It pairs well with my styling tools, protecting my hair from heat and helping my style last longer. This product feels like a professional treatment without the salon price. Definitely a new must-have in my hair care lineup!" — Tracy
Get it from Amazon for $16.99.
13. A Revlon hot air brush for drying, styling, AND adding volume to your hair in one fell swoop! With this oval brush, you can say goodbye to tangles and frizz. And there's no need to go to the salon for a "proper" blowout when you've got this at home!
www.amazon.com
Have coilier hair? This paddle brush might work better for you!
Promising review:"I have a headful of thick, wavy, shoulder-length hair. I sometimes wear it curly, but when I want it smooth, this tool is a huge time saver. I used to have to section my hair and spend a half hour or more flat ironing it. I still section it a little, but I can go from a big mop of mess to a sleek flip in very little time. I just spritz my hair and go to work. I have arthritis, and it is a big bonus that the handle is big, so I don't have to use a pinch grip to hold it. I also have shoulder pain, and the less time I can spend with my arms over my head, the better. This tool is worth every penny." — Anonymous
Get it from Amazon for $32.99+ (available in three colors).
14. A set of satin pillowcases so you can protect your hair (and skin) from the abrasiveness of cotton pillowcases. Its luxurious silkiness will also make you feel like the royalty you are. 👑
Amazon
Promising review:"My mom started me with satin cases as a teenager. I'm 77 and have no wrinkles except when I smile. It doesn't tug your face, and it's also good for maintaining your hairstyle. I bought some for my 8-year-old niece because her hair is so tangled in the mornings!" — Margie Todd
Get a set of two from Amazon for $7.99+ (available in five sizes and 35 colors).
15. An anti-frizz OGX curl-defining cream made with argan oil if you're looking to give your hair volume, shine, and bounce! And it'll keep your hair soft (no crunch here) and brushable while giving you long-lasting curls! Perfect for use with a diffuser to get that va-va-voom volume.
Plus, it's sulfate- and paraben-free!
Promising review:"I've been using this for a while, and a lot of people ask what I use for my curls. I highly recommend it. For reference, I have average/thin hair with 3a-style curls. This curl cream doesn't make my curls look greasy and doesn't weigh down my hair." — M.R.
Get it from Amazon for $7.97.
16. A multipurpose honey-infused hair oil that can moisturize and soften hair, tame frizz and flyaways, and rebuild and repair dry hair. It's designed for all hair types and textures, so if you're looking for a shine that'll rival the sun's, you need to try this!
Sephora
Promising review: "I use this product every single day, and I love it so much. As someone with frizzy hair, this is a lifesaver. It leaves your hair soft and shiny. It also has a very pleasant honey scent that makes your hair smell better!" — Cbear205
Get it from Amazon for $46 or Sephora for $25.
17. An argan oil hair mask to help heal and hydrate dry and damaged hair. This sulfate- and paraben-free treatment will help wash away excess oils and dirt and restore your hair's shine. Get salon-quality hair in as little as five minutes!
www.amazon.com, www.amazon.com
Promising review: "Absolute game-changer. My curls had absolutely no life in them, and now my curls are forming ringlets again. Before, whenever I wore my hair curly, I used so much product to make it look the way it does now. But now, all I do is put this in while I shower and then put oil in my hair when I get out, and then I'm done. My hair has never looked or felt better." — Morgan
Get it from Amazon for $14.99.
18. A Sol de Janeiro hair and body fragrance mist whose notes of pistachio, salted caramel, and vanilla will have you (and those close enough to you to smell you) reminiscing about a Brazilian beach — even if you've never been to Brazil.
www.amazon.com
Promising review:"It smells fresh and clean. Exactly what I was looking for. I bought some expensive Dolce perfume, but this body mist is stepping on necks. TRUST ME. No need to layer this scent unless you want to." — Noel
Get it from Amazon for $25 (available in two sizes and seven scents).
19. A heatless curling set for getting overnight curls and luscious waves without the threat of heat damage!
www.amazon.com, www.amazon.com
Promising review:"This fully took over my curling iron. I find no point in curling my thick hair when I can spend five minutes the night before twisting it around this wand. It's easy, sleeping isn't impossible, and I wear it all the way until I walk into work. I keep hairspray in my car. And I get compliments daily." — Carly Marie
Get it from Amazon for $15.98+ (available in 10 colors).
20. And if you're not scared of heat, a rotating ceramic hair curler — just insert a section of your hair into the curler's chamber and let it work its magic! Getting the perfect ringlet just got easier.
www.amazon.com, www.amazon.com
Promising review: "I have really coarse, thick curly hair that never wants to take a curl. This worked so well and the curls last most of the night even without hairspray. It is so easy to use and pretty quick. My arms didn't get tired and my hands didn't get burned. Absolutely love." — Krystin Hawkins
Get it from Amazon for $72.89+ (available in four colors).
21. A nourishing, 3-in-1 Dae dragonfruit styling cream that'll define curls, prep blowouts, and smooth styled hair. Rich in antioxidants and moisture-locking enzymes, this hydrating formula will also help control frizz and shine. Basically, you can't really have a bad hair day with this magical cream!
www.instagram.com, www.instagram.com
Dae is a small business that specializes in haircare and styling products.
Promising review:"This is the second time I've bought this product. It might seem pricey, but honestly, it's not. I used it every day for my slicked-back ponytail, and it lasted me a long, long time. It smells amazing. It holds really well without making your hair feel crusty or greasy. It actually feels natural and soft." — Pedro ramos
Get it from Dae on Amazon for $30.
22. A lightweight Pattern (by Tracee Ellis Ross) leave-in conditioner whose blend of oils, aloe, biotin, and honey makes for a magical formula. It'll not only help detangle your hair but also prevent frizz and define your curls. And if you thought it was done, it'll also seal in moisture to keep your hair hydrated!
www.amazon.com
Promising review:"Never has my hair so loved a leave-in conditioner! Excellent for after washing as well as for styling days after. Excellent slip and curl definition." — OrchidsInBloom
Get it from Amazon for $12+ (available in three sizes).
23. An Arctic Fox semi-permanent hair dye to achieve out-of-this-world coloring sure to make you stand out from the crowd. This vegan formula is gentle enough for frequent use and even conditions your hair as it colors it!
www.amazon.com
Promising review: "Love it! The product smells fantastic and is easy to apply. I have fairly long hair and one bottle was more than enough. I had previously balayaged my hair about six months ago and the color took very well to the highlights we put in. It came out darker where my natural brown is and much brighter (pinkish burgundy) where it was previously bleached." — Rebecca
Get it from Amazon for $13.99+ (available in 2 sizes and 33 colors).
24. A shower-friendly detangling brush — its flexible bristles will gently loosen knots, potentially preventing breakage or other damage. This Wet Brush can handle all hair types and even has a hook handle so you can hang it in your shower when you're done.
www.amazon.com
25. A super-strong large hair claw clip whose curve and grip are made to handle all hair types and textures. Got big hair? That's no problem for this cutie patootie!
Amazon
Teleties is a small business!
Promising review:"I have very, very thick hair, and most clips are too flimsy. This one is very well made, I love that it has extra teeth, and it holds all my hair extremely well. Love the color and the style!" — Amazon Customer
Get it from Teleties on Amazon for $14.99 (available in three styles).
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It works perfectly, every time." — Edwin Myers $11.99 at Amazon How effective? Well it's commonly likened to the Magic Eraser in paste form!Promising review: "Found this product on TikTok. I don't think I've ever seen value like I do this product! Literally use it on EVERYTHING!! Kids and teens have dirt, grime, and grease on their walls? ...This will make it look like a new paint job. Baseboards need some love? A pea-size amount of this makes them look brand-new. Need a shoe cleaner? PERFECT for sneakers. I could name a million more uses, but I can ASSURE you this is worth every penny. What's more? You need such LITTLE of this product, it will last a VERY long time. Thank you, TikTok!!!" — Rachel in CLT $5.97 at Amazon Target Promising review: "I'm surprised this tote isn't viral yet. Phenomenal design for work girlies or guys. Fits SO MUCH. And the leather is quality for the price, plus the minimal design has me feeling like a cool girl. Best work tote for the price. 10/10. Only small negative is it doesn't have any guards on the bottom to protect the leather so beware of scuffing if you ride the bus etc..." — CJ $45 at Target Amazon Promising review: "I saw this on Tiktok after eating some special brownies and I don't regret buying these at all. I gave a couple to my kids and kept a couple for the next time I eat some brownies. They aren't sturdy. They're probably not going to last forever but they're a cheap little toy that makes you feel like not everything in life is a dumpster fire. So go ahead and get these." — Jared $16.95 at Amazon Amazon Just tuck the corners of your flat or fitted sheet into the holes to prevent tangling and twisting and (according to the manufacturer... and backed up by reviewers) improve dry time by 75%!!!!!!!!Promising review: "THIS ACTUALLY WORKS!!!! I saw a TikTok about these and decided to order. Sheets balling all up in the washer and dryer has been a pet peeve of mine for forever. I was super skeptical of these, but I tried it and it works as advertised! It's a little on the expensive side IMO, and that's kinda holding me back from purchasing a second set, but they really do work." — StrangerThings $19.99 at Amazon I bought these myself earlier and they're all I wear at home. Especially when cooking or baking, these babies help cushion my feet on hard floors so they don't ache!Promising review: "Wow!!! Best slides I've ever had. I have designer slides and these surpass. True to are super light but sturdy to walk, even on grass and on uneven side walk. Used them to walk my dogs and don't get my feet dirty because of the wedge height. I've put them to the test and I'm Ordering in more colors and a back up pair. They are also stylish so they look cute to wear out. Ordered the orange which is like a camel color. Highly recommend!!!" — KriziaPromising review: "Let me tell you!! These slides are seriously the best slides. Slides typically aren't my first choice, however after seeing so many reviews on TikTok and Instagram I decided to order some. I've had them almost two months and have worn them quite often, no complaints! 10 out of 10 recommend!!! I got them in black, they are so comfy, and I definitely plan on ordering in more colors!" — Ashleigh P $24.99+ at Amazon Tidy-Cup is a woman-owned and family-owned small business founded by Julie Reinhold, who was tired of economy-sized detergent containers dripping all over her laundry room. Her ingenious little drip catchers are made in the USA and can easily be cleaned by rinsing with warm review: "I had no idea I needed this until I saw it on TikTok. Listen, it's the little things that matter. This little thing saves me the headache of a laundry room mess. I love it. Fits perfectly on my liquid detergent. No more messes!" — Christina $12 at Amazon Here's how it works: Pour in the macaroni and add enough water to the fill line. Then microwave for 2 minutes and 30 seconds. Remove, stir and microwave two more minutes, then add the other ingredients per the mac and cheese instructions. Check out a TikTok of the rapid mac cooker in action. People also use this to rapid cook their ramen! Rapid Brands is a California-based small business that specializes in dishwasher-safe, microwaveable BPA-free kitchen review: "There is nothing I dislike about this. I don't like milk so didn't add it but it's surprisingly as good or better than stove top. The texture and flavor is on point and it's not soggy like easymac. I laughed when I got this and was like wow it's no different than any container. It's harder material so idk what it's made of but the directions inside the container are on point for good mac and cheese except I drained the water. The days of scrubbing a big pot are over for me. I can't believe this actually worked. Especially bc the texture of the noodles and the taste is so on point. I got no discount and wasn't paid for this review. I just really am shocked it worked and worked so well. They got this down to a science with this container and directions. I am amazed." — me $11.99 at Amazon Promising review: "So soft. Easy decision to buy more. I saw a recommendation for these from TikTok and went for it. King size sheets aren't cheap, especially if you want quality. This was well worth the price. Super soft and perfect for both of us — he's always hot and I'm always cold. Neither of us are unhappy. I highly recommend these; going to cover all our beds in these sheets. Would love to see marvel designs and kid options!" — user08112116Promising review: "I read from other reviews these sheets were soft so I wasn't too surprised when I received them and man are they soft and so comfortable. We have Egyptian cotton sheets that were expensive and I promise we have changed them back out for the comfort of these sheets. The cotton sheets were cold and these were just right. The other thing is my husband has thin skin that any nick he will bleed. Well he has bled on these white sheets and when we washed them (in cold water as instructed) the blood always comes out and never stains. I can't say enough great things about them except to say all three of my adult kids are receiving a set as part of their Christmas!" — Sheree Chrestman $34.97 at Amazon Amazon Caffeine has a number of skincare benefits, including brightening and temporarily reducing the appearance of stretch marks and cellulite, if that's something you're looking to do! You can read more about the skincare benefits of caffeine at the Cleveland review: "I absolutely love this cream! I seen many people on TikTok talking about so I had to hop on the trend and try it myself and let me tell you that was the best decision! The smell of the cream is amazing and it leaves your skin feeling so soft! When you apply the cream you only need to use a little bit because a lot goes a long way! It is a little pricy but you are able to use the product for a while before it runs out so it's worth it! If you want to smell amazing, definitely purchase the bum bum cream!" — StephaniePromising review: "Where has this been all my life? I have been using this for maybe three days now, and putting it on in the morning and evening are the best parts of my day. The description of the scent as "pistachio, salted caramel, and vanilla" does not even begin to describe the incredibly decadent smell of this cream on my skin. My skin feels like velvet and I saw improvements in the texture after the first application. I will use it for the rest of my life. Do not ever discontinue this! I did not expect to be so amazed my this cream, but it is life-changing. Buy it! You won't regret it." — Michelle Brown $22 at Amazon I loooove this essence for whenever I need an added boost of hydration. It absorbs into the skin beautifully!Promising review: "But seriously, talk about a glow up, quite literally. I was one of thousands (maybe millions) of people who jumped on the TikTok snail mucin train. I am so freaking glad I did. I've been using the product for about two weeks and my skin has never looked better. I am especially noticing a difference in texture. My skin looks more supple, hydrated, soft, and glowy! As a skincare [enthusiast] — this one sent me!! Highly recommend trying it out, especially for the price! Also disclosure — I am 34 and have battled with dull skin for years!" — Aimee DuPriest $23 at Amazon It comes with the chopper itself, a whopping EIGHT blades (three different size choppers, plus blades for julienning, slicing, grating and regular and fine shredding) and a cleaning review: "Tiktok made me do it and I couldn't be happier. This chopper is pure magic in the kitchen! Chopping vegies has never been so fun and effortless! It's like a culinary extravaganza! Thanks to this little kitchen wizardry, I'm a chopping pro now. Tiktok-approved and chef-worthy. Amazing customer support as well. They are fast, super friendly and efficient." — Anonymous $32.99 at Amazon They come with a wireless charging case and provide up to 14 hours of charge and four-plus hours of continuous playback (with the earbuds able to play for four-plus hours with each full charge). Did I mention they're are also sweatproof and waterproof?? With over 160,000 5-star reviews, they are mega popular, review: "I've been searching for wireless headphones that wouldn't break the bank because I was tired of always getting caught on doorknobs, cabinet doors, and drawers. Funny enough, these headphones were recommended via TikTok and I'm loving them so much. They look expensive and the sound quality is amazing! The various options of bud sizes make them customizable to fit your ear so they're nice and snug. The battery case is really sleek and can be easily tucked away in your pocket, bag, or purse. I haven't been this excited to have new technology in a while!" — Joey Reyes $25.99 at Amazon Emma Lord/BuzzFeed Here's what BuzzFeed Shopping writer Emma Lord has to say: "I personally bought this a few months ago and love it! I use an electric toothbrush usually, but I feel like I'm getting a much more satisfying clean from these, especially because I tend to get yellow stains between my teeth no matter how much I floss and these bristles seem to actually target that a lot more effectively. I've switched to using this in the morning and the electric one at night and definitely see a difference in that area in particular."Promising review: "I will always buy this toothbrush. Can't say enough about it. I feel like I flossed after using it. I HIGHLY recommend this toothbrush" — Elli JaceyPromising review: "This was another one of my TikTok purchases! I was skeptical but my kids hate flossing their teeth so thought this might help in between making them floss. They work amazing! My kids said they could see and feel a different on the first use and I agree! They are definitely with a try! I would suggest not pushing too hard, those tiny bristles really get in there and if you push too hard you nights be sore like I was. It felt like after going to a dental cleaning." — Amy N. $9.90 at Amazon Amazon Promising review: "Never used pasties before but I did just recently get a boob job, so I needed some. I saw a few Tiktoks on these and decided to get them. Wow. Can't see the weird ring like most pasties. No nip visible at all. Can't even tell i'm wearing them. Skims dress, zara dress, thin tops, these work with all!" — ashley mPromising review: "SO. GOOD. I didn't get my hopes up much for these as I just couldn't imagine sticky silicone staying in place for a whole day. THEY DO. They're amazing. I've had them for a few months now — worn at least 5 times and only rinsed them once to regain stickiness and that's because I accidentally dropped them and they got cat hair stuck on the adhesive. Definitely got my money's worth out of them already and I feel as though they're going to last a good while! They're not noticeable but you feel protected. Normal crop tops that I'd comfortably go braless with are now even better with these since it gives just the slightest lift or SOMETHING. Idk what it is but the [boobs} look good." — maggie moon $26.50 at Amazon Check out a TikTok of the snack spinner in review: "My kids love these snack organizers and it's a great way to offer several choices at once. They're also perfect for traveling because they're easy to take and very compact. They are also fun and engaging when children have to push the spinner to get a new box to open. I would definitely buy these again. I even send them in my kids lunch boxes! They are super fun and very durable. We most recently took them on vacation with us and use them the whole week. There are perfect for the plane and car rides especially." — Brittany Tremblay $29.95 at Amazon Amazon Check out a TikTok of the cup washer in action. It includes instructions to easily hook it up to your hot water line. Just note that it won't install on sinks without a flat edge! Promising review: "This installed easier than removing the existing soap dispenser, which was always a nightmare. This has the same type of jetted sprayer that you would use to jet out a drain line, so yeah it'll spray the stink off of a turd. It cleans baby bottles, Contigo, yeti, spaghetti sauce, baby food, mason jars with a couple of presses. Highly recommended over the messy soap dispenser!" — Chuq $19.99 at Amazon And hey (as long as you're not putting the fork itself in your mouth), since you're keeping it in the fridge, you don't need to wash it every time. Check out a TikTok of the condiment fork in action. Promising review: "Great kitchen item. Forks are great to get pickles out of the jar, but if you have kids/lazy people (lol) you know that dirty hands are going into that jar. This has really prevented that from happening. It comes with two different rings to fit whatever size jar, a stabber holder, and a stabbing stick." — Amazon customer $8.99 at Amazon Amazon Check out a TikTok of the cloud knife in action. Promising review: "I love these — sturdy, sharp with retractable blade. I keep them in different rooms for opening packages or breaking down boxes to recycle. Would recommend and buy again." — Amy Yasneski $7.40 at Amazon Promising review: "Honestly saw this on TikTok and contemplated getting it for a long time. I'm so glad I committed! It's tight and holds everything together really well. It's extremely comfortable. The padding is amazing so you don't have to worry about a bra underneath at all. You can wear it with sweats or leggings to the gym or even dress it up for a night out. Considering more colors for sure!" — Kristyn LongPromising review: "This cami is SOOO high quality, it feels exactly like if not even BETTER quality than similar lulu lemon yoga camis. The length is perfect, not too short not too long. After reading reviews I decided to size up and get a large because some people said if you get it too small the straps might cut into you and it'd be too short. I agree with that! They're so soft I'm just shocked at the quality, such cute colors! I got white and a light green. absolutely obsessed with these and will be ordering more!" — Rosa Rodriquez $15.99+ at Amazon Check it out on TikTok here!Promising review: "You NEED this. This product is AMAZING. When I run errands, I hate bringing both a water bottle and coffee tumbler. This product solves that issue. I ran it through my dishwasher to clean it, and the plastic didn't morph at all. 10/10 recommend!" — Megan Huffman $14.99 at Amazon Check out a TikTok of the DogBuddy scooper in action. Promising review: "I normally don't leave reviews but this is amazing! It's easy to use and saves so many dog bags if you're taking several dogs on a walk because you don't need to open a new bag for each poop. It also makes the whole process a lot less gross.I would 100% recommend this for dog walks and even picking up poop in the holds a lot more than you'd think!" — Joslyn Cavitt $14.99 at Amazon Promising review: "TikTok made me do it and I'm so glad I did. My daughter and I make cold brew each morning and used to fight over the ice cubes, not anymore! She has her container and I have mine. No more freezer smell and best of all no trying to twist a hard plastic container to get every single ice cube out of a tray. If I could give you a gazillion stars, I would, thank you." — tthomas1031Promising review: "We have a small freezer and no icemaker, and have been using fiddly trays for years. Icebreaker Pop has changed everything! No more leaky ice trays spilling in the freezer, (or on the way to the freezer), and no ice picking up weird smells and tastes from the freezer. Icebreaker Pop is self-contained and easy to use. You fill it up with water –but be careful not to overfill, because it does expand as it freezes. (Physics!) Seal the top and put it in the freezer. Once it's frozen, you lay it on a flat surface, press down hard on it a couple of times on each side to crack the ice, and pull apart with both handles. You now have 18 cubes of clean ice that dispense from the opening, eliminating the need to touch the cubes as you add them to your glass. The cubes are a little smaller than from regular ice trays, but that's okay with us. Icebreaker Pop is also cool-looking and easy to clean; it's made up of three easy-to-separate pieces that are a snap to wash thoroughly. Very happy with this product!" — Leah Koepp $17.99 at Amazon Amazon Check them out on TikTok. And that's not all. You may have seen this brand's other pasta-shaped tools on TikTok, like the spaghetti serving fork, mezzelune oven mitts, conchiglie lemon squeezer, ravioli spoon rest and rotelle trivet and review: "I find these hilarious, and easily the best kitchen gadget I've spent my money on! They're super handy for getting stuff out of the oven, and I feel less likely to drop a dish than when I use traditional hot pads/oven mitts with the padding. Very grippy, thick enough that heat doesn't transfer through, and again, hilarious." — Hannah B $15.90 at Amazon Amazon It's battery-powered btw!Promising review: "Hands-down the best classroom management tool I have ever purchased. It's definitely overpriced but for the amount of times I've used it in one day, so worth it." — Emily MetzgerPromising review: "As a middle school, teacher, specifically a band teacher, I have to say that this is so funny to use in class. I use it almost daily and my kids think it's hilarious." — brittany mcfall $7.95 at Amazon Promising review: "I saw these wineglasses on TikTok and had to order them. They are perfect! Will be purchasing again as gifts for my friends!" — dianaPromising review: "I gifted this to a friend for Christmas who was so excited and overjoyed when she opened it that she dropped them twice on a marble countertop! No break, no splinter and no chip! I wanted to keep them for myself but will definitely order again. Absolutely beautiful and super sturdy." — Amazon customer $18.95 at Amazon Promising review: "Saw these on a TikTok video and took a chance. I ordered three for different family members and boy am I glad I did! This product is fantastic! It does exactly what it says it will do. The brush is phenomenal in cleaning out the little grates on the speakers of my phone and AirPods. There is a picker that you can use to get big chunky ear wax out of your ear pieces and the long skinny wand thing reaches down into my charging case and gets all the junk out of there. This is a win-win-win!" — JMilwaukee $7.99 at Amazon Watch this parent share why this sleep trainer is one of their "best parenting hacks" in this TikTok. Promising review: "My 2-year-old started getting up at 6:30 instead of 7:30 and was ready for the day. I saw this on TikTok, so I ordered it and explained to him how if Mella is red, we have to sleep, and when Mella turns green, it's time to play. The first night, he sat up a couple of times in the night and looked at it and laid back down. We've been using it for almost a week, and he stays in bed until it's green without any crying or complaining, so it fixed my problem so fast! You do have to toggle the night light on to red if you want it in all night. You could choose other colors, too, but red and green worked well since he has a car seat with red and green stop lights, so easy connection. Anyways, I highly recommend it! He loves to check on Mella during the day and see if it's asleep." — Mpt2 $49.99 at Amazon This image shows two of the cabinets next to each other! Check out a TikTok of the shoe rack in action. Promising review: "Love the shoe storage. Mostly bought for the look, not practicality. These fit sandals/anything flat like Birks, running shoes, and Air Forces fine, but anything taller won't fit. Six shoes total for one cabinet fit. Would buy again. Does as advertised and easy on the eyes." — mmaj $59.89+ at Amazon Check it out on TikTok! It displays 8.5 by 11 with the (included) mat and 10 by 12.5 without! Promising review: "I cannot say enough great things about this. Got it, hung it, put in art and IMMEDIATELY turned around and ordered a second one. Two are a must so you can hang one vertically and one horizontally. What an ideal solution to displaying art. If it's left out it inevitably gets torn or ruined. This keeps it safe, and displays it perfectly on the wall. IN LOVE!" — Sara Lazaro $22.99 at Amazon It's recommended for children 8-45 pounds and can be used in four different holding positions — feeding/breastfeeding, side carrying, front facing and face-to-face. See why this mama calls the Tushbaby "the best invention for parents of young children" on TikTok. Promising review: "This has been one of MANY items I have purchased thanks to TikTok, and I'm glad I did. Super easy to use, easy to adjust, and most importantly it helps with support tremendously. It comes with pockets and a place to hold bottles/sippy cups, which can be very handy. My 8-month-old weights around 30–35 lbs, and he's basically attached to me 24/7, carrying all day was killing my back and arms! Thank God for this invention, my arms and back can rest." — Jennifer Calle $84.99 at Amazon Check out a TikTok of the cat bowl in action. Bonus: You can flip them so they're either a deep bowl or a shallow one, depending on your needs! Promising review: "This cat bowl is everything! It's super cute and I love that it is wide enough not to cause whisker fatigue. It's really nice that it's not just raised, but angled for the most comfort for your cat or small dog." — amber quick $19.99 at Amazon Amazon And of course it's also great for keeping cold things cold for longer and keeping your fingers from ice cream bowl freeze! Check out a TikTok of the microwave bowl holders in action. Promising review: "Buy these for yourself and everyone you know. They are soft and fit a variety of sizes of bowls to put under them in the microwave and eat from. My kids love them. We bought some to gift to other people too, and I will get some for my son to use at college. Made of a heavy terry cloth that can be thrown right in the washer when needed. We used towels before under our bowls, but these cradle the bowls so they are easier to hold. We bought some bigger plate sizes too." — Heidi J. $19.99 at Amazon I bought this myself and already love it — no having to squeeze out (and waste) dish soap and I love having a handy place to keep my sponge that doesn't drip water all over the review: "I first saw this on TikTok and I wanted it immediately. This makes washing dishes easier and faster. All you have to do is give it a pump or two and you're good to go. 5/5 stars for me." — Sal $8.99 at Amazon Amazon See it in action on TikTok. Promising review: "LOVE LOVE LOVE!!!!! These silicone sheets work perfect for making the best meals for me and my fiancé, as we sometimes don't want the same things so it makes it easy to cook it all at the same time without the hassle of dirtying up all the extra dishes! Awesome for anyone who finds themselves dirtying up a lot of dishes to cook a couple of simple meals." — Jonathan $29.99 at Amazon Like many, I bought this top and it really does look so much more expensive IRL!Promising review: "I purchased this corset after watching a TikTok video of another mid-sized girl talking about how great it is. It did not disappoint! It fits nicely. I got lots of compliments on it! Someone else pointed out to me that the fabric looks expensive and just like another bustier listed on PrettyLittleThings for over twice the price." — Elizabeth $23.99+ at Amazon Check it out on TikTok!Promising review: "This was the best gift from my husband! Love reading in bed without having to use lamp light. Three settings of brightness are perfect, it's lightweight, and best of all holds a charge literally forever! I took it on a long airplane trip and was able to read without the annoying overhead light (especially when others are trying to sleep). Highly recommend!" — Rick Angelo $12.99 at Amazon Amazon Just don't wash or dry your loads with the turtle inside. Check out a TikTok of the Laundry Turtle in review: "I saw this product on a 'Best of Amazon' YouTube video. I instantly saw the value of being able to switch laundry from the washing machine to the dryer in one easy motion, so I ordered it. It makes switching laundry so easy! It's also a great replacement for laundry baskets. I recently stayed with an ill family member, knowing that I'd be doing laundry at her house. I hauled along my Laundry Turtle, which folded up into a small bundle, and used it at her house. No matter the size of the load, one revolution of the washing machine put all of the damp clothes in the Turtle and made transferring laundry so easy! I agree that it is one of Amazon's best household items." — Jeril $27.99 at Amazon Several reviewers say they just throw theirs right in the washing machine to clean it! They also make a smaller one designed for the bikini area and a long, narrow back scrubber for hard-to-reach areas. Promising review: "I'll be honest; I thought this would be another thing I saw on Amazon via TikTok that was way overhyped. I have [very] dry skin, and despite using lotions, oils, and gentle body washes, I'm an ashy mess. This thing is incredible. I don't think I've ever been this exfoliated in my life! Not a single flake or scaly patch in sight. 1,000/10." — Ruth Bromberg $5.99 at Amazon Amazon Checkout a TikTok of the duvet clips in action. Promising review: "I was super worried about if I would have enough of the Pinions, and I totally do! My duvet is kinda thick and the Pinions pierced through with no problems! Plus with a little extra room if I had some extra layers. I REALLY like how you have to have the magnet tool to pull them apart. Other duvet tools I've seen just plain suck. The clips are never reliable and the ties just don't stay. This handy dandy tool ENSURES nothing will move. I placed one on each corner of the duvet and then I put one on the middle edge between each corner. Absolutely no moving! Don't walk, RUN TO BUY THIS. I also like how unnoticeable they are." — Abigayle Mishler $17.95 at Amazon Check out the brush cleaner in action on review: "I now have exceptionally clean makeup brushes! It is small enough to leave on my vanity, and I can easily keep my brushes clean. This is one of those products that will make you wonder how you did without it!" — LJLWPromising review: "I used to wash my brushes by hand. It took forever because I have nearly 200 makeup brushes. This brush cleaner is a game changer. To use, put some water and a very little dish soap in it, turn it on, and put your brush in. The cleaner has nubs that scrub your brush. I quickly rinse the soap out under running water. My brushes are so much cleaner now. The task is relaxing instead of a chore." — TaleSpinner $19.99 at Amazon Promising review: "When you think you don't need it. But TikTok thinks you do. I definitely am glad that this product was what I need. Works on laptop, tablets, and phones! Love it! Highly recommend this product!" — Laura Schlutt $10.98 at Amazon Check out one way to style them on TikTok!Promising review: "The second these are out of the laundry, they're on my feet. The slouchy look is so cute and paired with a white tennis shoe — it's my favorite thing to wear on my feet. They're so comfortable, very soft, and they don't leave marks on your legslike most such a socks do from being too tight." — Elisa $21 at Amazon Amazon Check out a TikTok of the cord organizer in action. Promising review: "I got this for my minimalist husband who hates getting 'things' for gifts, almost as much as he hates clutter. He was practically giddy after we installed several of these on various kitchen appliances. It's not just storage — but moving the appliance around from its storage location to the countertop is a nicer experience. He was seriously swinging around a food processor with one hand saying 'this is so much neater!' To each their own I suppose. For us normies, it does exactly what it's supposed to. Easy to stick on, I like that it holds the plug neatly as well. I would love if it came in white, but the gray is a nice neutral." — Elizabeth L. $19.99 at Amazon It includes includes a toothpaste dispenser (that'll squeeze out every last ounce from the tube!) four cups and holders and a place to store your review: "I am SO happy I bought this for my bathroom! It looks so clean, it is easy to install, and it is easy to clean when toothpaste gets on it! The design is simple, yet genius! My 5-year-old uses it with ease and she doesn't make a mess with the toothpaste tube anymore! I am extremely satisfied and I have had it for three months now. TikTok made me buy it LOL!" —Stephanie Mendoza $20.89 at Amazon These $3 Tablets Will Magically Remove So Much Grime From Household Objects The Under-$30 Tool That Makes Cleaning My Home 1,000 Times Easier The 'Magic ' Multipurpose $15 Cleaning Product That You May Not Have Heard Of
Yahoo
3 hours ago
- Yahoo
Canopy Growth Reports Fourth Quarter and Fiscal Year 2025 Financial Results
Canada cannabis revenue increased 4% in Q4 FY2025 year-over-year, led by 13% growth in Canada medical cannabis Reduced total debt by $293 million or 49% during FY2025 Refined strategy, focus and organizational structure expected to accelerate growth in global medical cannabis and improve commercial execution in Canada adult-use cannabis Additional cost reduction initiatives identified and initiated in Q4 FY2025 are expected to deliver at least $20 million in annualized savings over the next 12-18 months SMITHS FALLS, Ontario, May 30, 2025--(BUSINESS WIRE)--Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED) (Nasdaq: CGC) today announced its financial results for the fourth quarter ended March 31, 2025 ("Q4 FY2025") and the fiscal year ended March 31, 2025 ("FY2025") and the filing of the Company's Annual Report on Form 10-K for FY2025 (the "Form 10-K"), including the audited consolidated financial statements for FY2025 and the unqualified report thereon of the Company's independent registered public accounting firm. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. "Since taking over as CEO in January, we took decisive actions to accelerate growth and profitability by unifying our medical cannabis businesses globally, aligning operations with commercial focus, increasing rigor on core fundamentals and streamlining our product portfolio. With renewed focus and our resources dedicated to the most promising opportunities, I'm confident that our leading brands and product innovation pipeline can deliver meaningful growth and long-term value for both consumers and shareholders." Luc Mongeau, Chief Executive Officer "We demonstrated marked year-over-year improvement in Adjusted EBITDA and cash flow in FY2025, while fortifying our balance sheet. We are committed to achieving positive Adjusted EBITDA in the near-term and positive Free Cash Flow over time as we accelerate growth across our global medical cannabis businesses, improve margins in Canada adult-use cannabis and further reduce costs in all areas of our businesses." Judy Hong, Chief Financial Officer Fourth Quarter Fiscal Year 2025 Financial Summary (in thousands of Canadian dollars, unaudited) Net Revenue Gross marginpercentage Adjustedgross marginpercentage1 Net loss from continuing operations AdjustedEBITDA2 Free cashflow3 Reported $65,031 16% 19% $(221,501) $(9,248) $(36,241) vs. Q4 FY2024 (11%) (500) bps (200) bps (134%) 39% (60%) Fiscal Year 2025 Financial Summary (in thousands of Canadian dollars, unaudited) Net Revenue Gross marginpercentage Adjustedgross marginpercentage4 Net loss from continuing operations AdjustedEBITDA Free cashflow Reported $268,995 30% 30% $(604,138) $(23,504) $(176,563) vs. FY2024 (9%) 300 bps 300 bps (25%) 60% 24% ____________________ 1 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures, and for Q4 FY2025 exclude $2.0 million of restructuring costs recorded in cost of goods sold ("COGS") (Q4 FY2024 - excludes $(0.3) million of restructuring cost reversals recorded in COGS). See "Non-GAAP Measures" and Schedule 4 for a reconciliation of net revenue to adjusted gross margin. 2 Adjusted EBITDA is a non-GAAP measure. See "Non-GAAP Measures" and Schedule 5 for a reconciliation of net loss from continuing operations to adjusted EBITDA. 3 Free cash flow is a non-GAAP measure. See "Non-GAAP Measures" and Schedule 6 for a reconciliation of net cash used in operating activities - continuing operations to free cash flow - continuing operations. 4 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures, and for FY2025 exclude $2.0 million of restructuring costs recorded in COGS (FY2024 - excludes $(1.0) million of restructuring cost reversals recorded in COGS). See "Non-GAAP Measures" and Schedule 4 for a reconciliation of net revenue to adjusted gross margin. Fourth Quarter and FY2025 Financial Highlights Net revenue in Q4 FY2025 decreased 11% compared to the fourth quarter ended March 31, 2024 ("Q4 FY2024") primarily due to decreased international markets cannabis and Storz & Bickel net revenue, offset by higher Canadian cannabis net revenue. Net revenue in FY2025 decreased 9% compared to the fiscal year ended March 31,2024 ("FY2024"). Excluding net revenue from businesses divested in FY2024, net revenue in FY2025 decreased 1% compared to FY2024 primarily due to lower Canada cannabis sales offset by growth in Storz & Bickel and international markets cannabis net revenue. Consolidated Gross Margin decreased by 500 basis points ("bps") to 16% in Q4 FY2025 compared to Q4 FY2024. Adjusted Gross Margin, which excludes restructuring costs recorded in COGS, decreased by 200 basis points year-over-year to 19% in Q4 FY2025. Gross Margin increased by 300 bps to 30% in FY2025 compared to FY2024 primarily driven by ongoing cost reduction actions and shift mix to higher margin medical cannabis sales in Canada. Operating loss from continuing operations was $18MM in Q4 FY2025, representing an improvement of 83% compared to Q4 FY2024. The improvement in Q4 FY2025 was driven primarily by a reduction in operating expenses. Operating loss from continuing operations was $117MM in FY2025 compared to $229MM in FY2024 with the change due primarily to a reduction in operating expenses. Adjusted EBITDA loss of $9MM in Q4 FY2025, representing a 39% improvement year-over-year, driven primarily by the realized benefit of the Company's cost savings program. Adjusted EBITDA loss of $24MM in FY2025, representing a 60% improvement year-over-year, driven primarily by the realized benefit of the Company's cost savings program. Free Cash Flow was an outflow of $36MM in Q4 FY2025, an increase of 60% in outflow compared to Q4 FY2024, primarily driven by an increase in working capital outflow, partially offset by lower cash interest expenses. Free cash flow was an outflow of $177MM in FY2025, a 24% improvement compared to FY2024, primarily driven by lower interest payments. Total debt decreased to $304MM at March 31, 2025 compared to $597MM on March 31, 2024 primarily due to reduction in Company's senior secured term loan following a series of pre-payments. Canada Cannabis Highlights Canada cannabis net revenue was $40MM in Q4 FY2025, representing an increase of 4% compared to Q4 FY2024 driven by an increase in Canada medical cannabis net revenue partially offset by a decline in Canada adult-use cannabis net revenue. Canada medical cannabis net revenue in Q4 FY2025 increased 13% compared to Q4 FY2024 driven primarily by an increase in the average size of medical cannabis orders placed by our Canadian customers. Canada adult-use cannabis net revenue in Q4 FY2025 declined 3% compared to Q4 FY2024 driven primarily by lower flower and pre-roll sales partially offset by growth in sales of infused pre-rolls. Claybourne infused pre-roll joints, launched in the quarter ended December 31, 2024, have ascended to #2 market share in the infused pre-roll category in Alberta, #3 in Ontario and #3 nationally5. International Markets Cannabis Highlights International markets cannabis net revenue was $8MM in Q4 FY2025, representing a decrease of 35% over Q4 FY2024, primarily due to declines in Poland medical cannabis sales caused by regulatory changes that negatively impacted the overall medical cannabis market in Poland, declines in Australia medical cannabis sales and a transition of our U.S. CBD business to Canopy USA (as defined below), which was deconsolidated on April 30, 2024. Performance in the German medical cannabis market in Q4 FY2025 benefited from expansion of the product portfolio available to patients. International markets cannabis net revenue was $40MM in FY2025, representing a decrease of 4% over FY2024, with growth in medical cannabis net revenue in Germany and Poland offset by declines in Australia medical cannabis sales. ____________________ 5 Calculated using the Company's internal proprietary market analysis tool that applies sales data supplied by third-party providers and government agencies, last 13 weeks ended April 27, 2025. Storz & Bickel Highlights Storz & Bickel delivered net revenue in Q4 FY2025 of $17MM, representing a 23% decrease compared to Q4 FY2024, driven by softer consumer demand for all devices and strong revenue generated in the first full quarter of Venty sales that occurred in Q4 FY2024. Storz & Bickel net revenue was $73MM in FY2025, representing an increase of 4% over FY2024, with growth driven by full year of Venty sales. Subsequent to the fiscal quarter end, Storz & Bickel introduced the VOLCANO CLASSIC 25 Years Edition to commemorate the 25th anniversary of the VOLCANO CLASSIC. FY2026 Priorities and Outlook Canopy Growth has implemented a number of initiatives aligned with its long-term strategy to improve profitability, sharpen commercial execution, and strengthen operational performance. Global Medical Platform Positioned for Sustainable Growth: To scale Canopy Growth's leadership in high-growth medical cannabis markets, medical cannabis operations across Canada, Germany, Poland, and Australia have been integrated under a single global medical cannabis business unit. This structure is expected to support more consistent product availability, improved patient access, and better responsiveness to local market needs – with a continued focus on scaling European Union Good Manufacturing Practice ("EU-GMP") certified supply and maximizing distribution through established medical channels. Canada Adult-Use Tightened Focus to Improve Execution and Profitability: Canopy Growth is focused on achieving profitable scale in the Canada adult-use cannabis market by refocusing on the geographies and product formats with the greatest opportunity, including pre-rolls, vapes, and high-THC flower, in alignment with consumer preferences and profitable category growth. The enhanced focus is expected to further strengthen the Company's competitive position in these priority segments with a reliable supply of high-potency products while streamlining the product portfolio. Global Operations Function Designed to Support Commercial Priorities: Canopy Growth has established a dedicated global operations function for cannabis, expanding its scope beyond Canada to serve its cannabis operations globally. This change is designed to enable smarter resource allocation, improved supply chain coordination, and tighter alignment between demand and product across key geographies. Storz & Bickel Focused on Margin Improvement and Innovation: Storz & Bickel remains a key component of our business. In the fiscal year ending March 31, 2026 ("FY2026"), Storz & Bickel expects to focus on efficiently navigating a challenging global macroeconomic backdrop, enhancing margins through production and procurement efficiencies, alongside an expected launch of a new device later this calendar year to broaden consumer access. Additional Cost Reduction Initiatives to Improve Profitability: A review of selling, general and administrative ("SG&A") expenses and COGS identified opportunities to further reduce expenses, with cost actions underway and expected annualized savings of at least $20 million over the next 12 to 18 months. The reductions in headcount, sales and marketing spending, professional fees and information technology expenses are expected to contribute to improvement in gross margin and adjusted EBITDA performance in FY2026. In FY2026, Canopy Growth plans to continue to focus on accelerating growth in global medical cannabis, improving commercial execution and profitability in Canada's adult-use cannabis market, maintaining global vaporizer leadership through Storz & Bickel, and advancing towards achieving positive Adjusted EBITDA – all within a disciplined, asset-right operating model and against a backdrop of continued macroeconomic uncertainty. Fourth Quarter and Fiscal 2025 Revenue Review6 (in millions of Canadian dollars, unaudited) Q4 FY2025 Q4 FY2024 Vs. Q4 FY2024 FY2025 FY2024 Vs. FY2024 Canada cannabis Canadian adult-use cannabis7, 9 $20.4 $21.0 (3%) $78.8 $92.8 (15%) Canadian medical cannabis8, 10 $20.0 $17.7 13% $77.0 $66.4 16% $40.4 $38.7 4% $155.8 $159.2 (2%) International markets cannabis11 $7.5 $11.6 (35%) $39.7 $41.3 (4%) Storz & Bickel $17.1 $22.2 (23%) $73.4 $70.7 4% This Works $- $- 0% $- $21.2 (100%) Other7, 8 $- $0.3 (100%) $- $4.7 (100%) Net revenue $65.0 $72.8 (11%) $268.9 $297.1 (9%) The Q4 FY2025, Q4 FY2024, FY2025 and FY2024 financial results presented in this press release have been prepared in accordance with U.S. GAAP. Canopy USA Update From June 30, 2024 to March 31, 2025, the fair value of Canopy Growth's equity method investments in Canopy USA and certain entities over which Canopy USA exercises control, as well as the value of our investment in Acreage (as defined below) has declined significantly. This decline is primarily attributable to the underperformance of Acreage relative to projections. As indicated in Acreage's last publicly available financial statements as of and for the three and nine months ended September 30, 2024 filed with the Securities and Exchange Commission ("SEC") on November 14, 2024, Acreage's net revenue and gross profit for the nine months ended September 30, 2024 declined 27% and 57% year-over-year, respectively. Acreage is currently in default under its credit agreement dated as of September 13, 2024. The lenders have agreed to forbear exercising any remedies with respect to such default until June 1, 2025 while the parties discuss potential solutions, including a potential debt extension. ____________________ 6 In Q4 FY2025, we are reporting our financial results for the following four reportable segments: (i) Canada cannabis; (ii) international markets cannabis; (iii) Storz & Bickel; and (iv) This Works. On December 18, 2023, the Company completed the sale of This Works and as of such date, the results of This Works are no longer included in the Company's financial results. 7 A reclassification of $0.2M and $0.4M of ancillary cannabis revenues from Other to Canadian adult-use cannabis occurred for Q4 FY2024 and FY2024, respectively. 8 A reclassification of $1.4M and $5.0M of ancillary cannabis revenues from Other to Canadian medical cannabis occurred for Q4 FY2024 and FY2024, respectively. 9 For Q4 FY2025, amount is net of excise taxes of $10.7MM and other revenue adjustments of $0.7MM (Q4 FY2024 - $8.5MM and $1.0MM, respectively). For FY2025, amount is net of excise taxes of $36.4MM and other revenue adjustments of $4.2MM (FY2024 - $40.1MM and $3.5MM, respectively). 10 For Q4 FY2025, amount is net of excise taxes of $2.3MM (Q4 FY2024 - $1.8MM). For FY2025, amount is net of excise taxes of $8.5MM (FY2024 - $6.7MM) 11 For Q4 FY2025, amount reflects other revenue adjustments of $nil (Q4 FY2024 - $0.2MM). For FY2025, amount reflects other revenue adjustments of $0.1MM (FY2024 - $0.6MM). Webcast and Conference Call Information The Company will host a conference call and audio webcast with Luc Mongeau, CEO and Judy Hong, CFO at 10:00 AM Eastern Time on May 30, 2025. Webcast InformationA live audio webcast will be available at: Replay InformationA replay will be accessible by webcast until 11:59 PM ET on August 28, 2025 at: Non-GAAP Measures Adjusted EBITDA is a non-GAAP measure used by management that is not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. Management believes Adjusted EBITDA is a useful measure for investors because it provides meaningful and useful financial information, as this measure demonstrates the operating performance of businesses. Adjusted EBITDA is calculated as the reported net income (loss), adjusted to exclude income tax recovery (expense); other income (expense), net; loss on equity method investments; share-based compensation expense; depreciation and amortization expense; asset impairment and restructuring costs; restructuring costs recorded in cost of goods sold; and charges related to the flow-through of inventory step-up on business combinations, and further adjusted to remove acquisition, divestiture, and other costs. Asset impairments related to periodic changes to the Company's supply chain processes are not excluded from Adjusted EBITDA given their occurrence through the normal course of core operational activities. Accordingly, management believes that Adjusted EBITDA provides meaningful and useful financial information as this measure demonstrates the operating performance of businesses. The Adjusted EBITDA reconciliation is presented within this news release and explained in the Form 10-K filed with the SEC. Free Cash Flow is a non-GAAP measure used by management that is not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. Management believes that Free Cash Flow presents meaningful information regarding the amount of cash flow required to maintain and organically expand our business, and that the Free Cash Flow measure provides meaningful information regarding the Company's liquidity requirements. This measure is calculated as net cash provided by (used in) operating activities less purchases of and deposits on property, plant and equipment. The Free Cash Flow reconciliation is presented within this news release and explained in the Form 10-K filed with the SEC. Adjusted Gross Margin and Adjusted Gross Margin Percentage are non-GAAP measures used by management that are not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. Management believes that Adjusted Gross Margin and Adjusted Gross Margin Percentage present meaningful and useful financial information as these measures provide insights into the gross margin performance of the business. Adjusted Gross Margin is calculated as gross margin excluding restructuring and other charges recorded in cost of goods sold, and charges related to the flow-through of inventory step-up on business combinations. Adjusted Gross Margin Percentage is calculated as Adjusted Gross Margin divided by net revenue. The adjusted gross margin and Adjusted Gross Margin Percentage reconciliation is presented within this news release and explained in the Form 10-K filed with the SEC. About Canopy Growth Canopy Growth is a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives. Through an unwavering commitment to consumers, Canopy Growth delivers innovative products from owned and licensed brands including Tweed, 7ACRES, DOJA, Deep Space, and Claybourne, as well as category defining vaporization devices by Storz & Bickel. In addition, Canopy Growth serves medical cannabis patients globally with principal operations in Canada, Europe and Australia. Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through an unconsolidated, non-controlling interest in Canopy USA. Canopy USA's portfolio includes ownership of Acreage, a vertically integrated multi‑state cannabis operator with operations throughout the U.S. Northeast and Midwest, as well as ownership of Wana (as defined below), a leading North American edibles brand, and majority ownership of Jetty (as defined below), a California-based producer of high-quality cannabis extracts and clean vape technology. At Canopy Growth, we're shaping a future where cannabis is embraced for its potential to enhance well-being and improve lives. With high-quality products, a commitment to responsible use, and a focus on enhancing the communities where we live and work, we're paving the way for a better understanding of all that cannabis can offer. For more information visit Notice Regarding Forward Looking Statements This press release contains "forward-looking statements" within the meaning of applicable securities laws, which involve certain known and unknown risks and uncertainties. To the extent any forward-looking statements in this news release constitutes "financial outlooks" within the meaning of applicable Canadian securities laws, the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such financial outlooks. Forward-looking statements predict or describe our future operations, business plans, business and investment strategies and the performance of our investments. These forward-looking statements are generally identified by their use of such terms and phrases as "intend," "goal," "strategy," "estimate," "expect," "project," "projections," "forecasts," "plans," "seeks," "anticipates," "potential," "proposed," "will," "should," "could," "would," "may," "likely," "designed to," "foreseeable future," "believe," "scheduled" and other similar expressions. Our actual results or outcomes may differ materially from those anticipated. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Forward-looking statements include, but are not limited to, statements with respect to: laws and regulations and any amendments thereto applicable to our business and the impact thereof, including uncertainty regarding the application of U.S. state and federal law to cannabis and hemp (including CBD) products and the scope of any regulations by the U.S. Food and Drug Administration, the U.S. Drug Enforcement Administration, the U.S. Federal Trade Commission, the U.S. Patent and Trademark Office, the U.S. Department of Agriculture and any state equivalent regulatory agencies over cannabis and hemp (including CBD) products; expectations regarding the amount or frequency of impairment losses, including as a result of the write-down of intangible assets, including goodwill; our ability to refinance debt as and when required on terms favorable to us and comply with covenants contained in our debt facilities and debt instruments; the impacts of the Company's strategy to accelerate entry into the U.S. cannabis market through the creation of Canopy USA, LLC ("Canopy USA"); expectations for Canopy USA to capitalize on the opportunity for growth in the United States cannabis sector and the anticipated benefits of such strategy; the timing and occurrence of the final tranche closing in connection with the acquisition of Lemurian, Inc. ("Jetty") pursuant to the exercise of the option to acquire Jetty; the issuance of additional common shares of the Company (each whole share, a "Canopy Share" or a "Share") to satisfy any deferred and/or option exercise payments to the shareholders of Wana Wellness, LLC, The Cima Group, LLC, and Mountain High Products, LLC (collectively, "Wana") and Jetty and the issuance of additional non-voting and non-participating shares in the capital of Canopy USA issuable to Canopy Growth from Canopy USA in consideration thereof; the acquisition of additional Class A shares of Canopy USA in connection with the investment in Canopy USA by the Huneeus 2017 Irrevocable Trust (the "Trust") in the aggregate amount of up to US$20 million, including any warrants of Canopy USA issued to the Trust in accordance with the share purchase agreement entered into by the Trust and Canopy USA; expectations regarding the potential success of, and the costs and benefits associated with, our acquisitions, equity investments and dispositions; the grant, renewal and impact of any license or supplemental license to conduct activities with cannabis or any amendments thereof; our international activities, including required regulatory approvals and licensing, anticipated costs and timing, and expected impact; our ability to successfully create and launch brands and further create, launch and scale products in jurisdictions where such products are legal and that we currently operate in; the benefits, viability, safety, efficacy, dosing and social acceptance of cannabis, including CBD and other cannabinoids; our ability to continue as a going concern; our ability to maintain effective internal control over financial reporting; expectations regarding the use of proceeds of equity financings; the legalization of the use of cannabis for medical or adult-use in jurisdictions outside of Canada, the related timing and impact thereof and our intentions to participate in such markets, if and when such use is legalized; our ability to execute on our strategy and the anticipated benefits of such strategy; the ongoing impact of the legalization of additional cannabis product types and forms for adult-use in Canada, including federal, provincial, territorial and municipal regulations pertaining thereto, the related timing and impact thereof and our intentions to participate in such markets; the ongoing impact of developing provincial, state, territorial and municipal regulations pertaining to the sale and distribution of cannabis, the related timing and impact thereof, as well as the restrictions on federally regulated cannabis producers participating in certain retail markets and our intentions to participate in such markets to the extent permissible; the timing and nature of legislative changes in the U.S. regarding the regulation of cannabis including tetrahydrocannabinol ("THC"); the future performance of our business and operations; our competitive advantages and business strategies; the competitive conditions of the industry; the expected growth in the number of customers using our products; expectations regarding revenues, expenses and anticipated cash needs; expectations regarding cash flow, liquidity and sources of funding; expectations regarding capital expenditures; the expansion of our production and manufacturing, the costs and timing associated therewith and the receipt of applicable production and sale licenses; expectations with respect to our growing, production and supply chain capacities; expectations regarding the resolution of litigation and other legal and regulatory proceedings, reviews and investigations; expectations with respect to future production costs; expectations with respect to future sales and distribution channels and networks; the expected methods to be used to distribute and sell our products; our future product offerings; the anticipated future gross margins of our operations; accounting standards and estimates; expectations regarding our distribution network; expectations regarding the costs and benefits associated with our contracts and agreements with third parties, including under our third-party supply and manufacturing agreements; our ability to comply with the listing requirements of the Nasdaq Stock Market LLC and the Toronto Stock Exchange; and expectations on price changes for products in cannabis markets. Certain of the forward-looking statements contained herein concerning the industries in which we conduct our business are based on estimates prepared by us using data from publicly available governmental sources, market research, industry analysis and on assumptions based on data and knowledge of these industries, which we believe to be reasonable. However, although generally indicative of relative market positions, market shares and performance characteristics, such data is inherently imprecise. The industries in which we conduct our business involve risks and uncertainties that are subject to change based on various factors, which are described further below. The forward-looking statements contained herein are based upon certain material assumptions , including: (i) management's perceptions of historical trends, current conditions and expected future developments; (ii) our ability to generate cash flow from operations; (iii) general economic, financial market, regulatory and political conditions in which we operate; (iv) the production and manufacturing capabilities and output from our facilities, strategic alliances and equity investments; (v) consumer interest in our products; (vi) competition; (vii) anticipated and unanticipated costs; (viii) government regulation of our activities and products including but not limited to the areas of taxation and environmental protection; (ix) the timely receipt of any required regulatory authorizations, approvals, consents, permits and/or licenses; (x) our ability to obtain qualified staff, equipment and services in a timely and cost-efficient manner; (xi) our ability to conduct operations in a safe, efficient and effective manner; (xii) our ability to realize anticipated benefits, synergies or generate revenue, profits or value from our recent acquisitions into our existing operations; and (xiii) other considerations that management believes to be appropriate in the circumstances. While our management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. Financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to various risks as set out herein. Our actual financial position and results of operations may differ materially from management's current expectations. By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking statements in this press release and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf. Such factors include, without limitation, our limited operating history; our ability to continue as a going concern; risks that we may be required to write down intangible assets, including goodwill, due to impairment; the adequacy of our capital resources and liquidity, including but not limited to, availability of sufficient cash flow to execute our business plan (either within the expected timeframe or at all); our ability to maintain an effective system of internal control; the diversion of management time on matters related to Canopy USA; the risks that the Trust's future ownership interest in Canopy USA is not quantifiable, and the Trust may have significant ownership and influence over Canopy USA; the risks related to the financial statements of Acreage Holdings, Inc. ("Acreage") expressing doubt about its ability to continue as a going concern; the risks in the event that Acreage cannot satisfy its debt obligations as they become due; risks related to finalization of the consideration payable by us for the acquisition by Canopy USA of the remaining interests in Jetty; volatility in and/or degradation of general economic, market, industry or business conditions; risks relating to the overall macroeconomic environment, which may impact customer spending, our costs and our margins, including tariffs (and related retaliatory measures), the levels of inflation, interest rates and trade policy; risks relating to the evolving regulatory landscape in the United States; risks relating to our current and future operations in emerging markets; compliance with applicable environmental, economic, health and safety, energy and other policies and regulations and in particular health concerns with respect to vaping and the use of cannabis products in vaping devices; risks and uncertainty regarding future product development; changes in regulatory requirements in relation to our business and products; our reliance on licenses issued by and contractual arrangements with various federal, state and provincial governmental authorities; inherent uncertainty associated with projections; future levels of revenues and the impact of increasing levels of competition; third-party manufacturing risks; third-party transportation risks; our exposure to risks related to an agricultural business, including wholesale price volatility and variable product quality; changes in laws, regulations and guidelines and our compliance with such laws, regulations and guidelines; risks relating to inventory write downs; risks relating to our ability to refinance debt as and when required on terms favorable to us and to comply with covenants contained in our debt facilities and debt instruments; risks associated with jointly owned investments; our ability to manage disruptions in credit markets or changes to our credit ratings; the success or timing of completion of ongoing or anticipated capital or maintenance projects; risks related to the integration of acquired businesses; the timing and manner of the legalization of cannabis in the United States; business strategies, growth opportunities and expected investment; counterparty risks and liquidity risks that may impact our ability to obtain loans and other credit facilities on favorable terms; the potential effects of judicial, regulatory or other proceedings, litigation or threatened litigation or proceedings, or reviews or investigations, on our business, financial condition, results of operations and cash flows; risks associated with divestment and restructuring; the anticipated effects of actions of third parties such as competitors, activist investors or federal, state, provincial, territorial or local regulatory authorities, self-regulatory organizations, plaintiffs in litigation or persons threatening litigation; consumer demand for cannabis and hemp products; the implementation and effectiveness of key personnel changes; risks related to stock exchange restrictions; risks related to the protection and enforcement of our intellectual property rights; the risks related to our exchangeable shares (the "Exchangeable Shares") having different rights from our common shares and there may never be a trading market for the Exchangeable Shares; future levels of capital, environmental or maintenance expenditures, general and administrative and other expenses; and the factors discussed under the heading "Risk Factors" in the Form 10-K filed with the SEC. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Forward-looking statements are provided for the purposes of assisting the reader in understanding our financial performance, financial position and cash flows as of and for periods ended on certain dates and to present information about management's current expectations and plans relating to the future, and the reader is cautioned that the forward-looking statements may not be appropriate for any other purpose. While we believe that the assumptions and expectations reflected in the forward-looking statements are reasonable based on information currently available to management, there is no assurance that such assumptions and expectations will prove to have been correct. Forward-looking statements are made as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking statements, except as required by law. The forward-looking statements contained in this press release and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf are expressly qualified in their entirety by these cautionary statements. Schedule 1 CANOPY GROWTH CORPORATION CONSOLIDATED BALANCE SHEETS (in thousands of Canadian dollars, except number of shares and per share data, unaudited) March 31, 2025 March 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 113,811 $ 170,300 Short-term investments 17,656 33,161 Restricted short-term investments 6,410 7,310 Amounts receivable, net 52,780 51,847 Inventory 96,373 77,292 Assets of discontinued operations - 8,038 Prepaid expenses and other assets 7,544 23,232 Total current assets 294,574 371,180 Other investments 179,977 437,629 Property, plant and equipment 293,523 320,103 Intangible assets 87,200 104,053 Goodwill 46,042 43,239 Other assets 16,385 24,126 Total assets $ 917,701 $ 1,300,330 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 26,099 $ 28,673 Other accrued expenses and liabilities 38,613 54,039 Current portion of long-term debt 4,258 103,935 Other liabilities 25,434 48,068 Total current liabilities 94,404 234,715 Long-term debt 299,811 493,294 Other liabilities 36,273 71,814 Total liabilities 430,488 799,823 Commitments and contingencies Canopy Growth Corporation shareholders' equity: Share capital Common shares - $nil par value; Authorized - unlimited; Issued and outstanding - 183,865,295 shares and 91,115,501 shares, respectively. Exchangeable shares - $nil par value; Authorized - unlimited; Issued and outstanding - 26,261,474 shares and nil shares, respectively. 8,796,406 8,244,301 Additional paid-in capital 2,618,417 2,602,148 Accumulated other comprehensive loss 535 (16,051 ) Deficit (10,928,145 ) (10,330,030 ) Total Canopy Growth Corporation shareholders' equity 487,213 500,368 Noncontrolling interests - 139 Total shareholders' equity 487,213 500,507 Total liabilities and shareholders' equity $ 917,701 $ 1,300,330 Schedule 2 CANOPY GROWTH CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands of Canadian dollars, except number of shares and per share data, unaudited) Three months ended March 31, Years ended March 31, 2025 2024 2025 2024 Revenue $ 77,984 $ 83,153 $ 313,969 $ 343,934 Excise taxes 12,953 10,365 44,974 46,788 Net revenue 65,031 72,788 268,995 297,146 Cost of goods sold 54,487 57,320 189,484 216,264 Gross margin 10,544 15,468 79,511 80,882 Operating expenses Selling, general and administrative expenses 38,452 54,619 169,626 229,429 Share-based compensation (18,736 ) 4,053 (4,205 ) 14,180 Loss on asset impairment and restructuring 9,098 63,535 31,233 65,987 Total operating expenses 28,814 122,207 196,654 309,596 Operating loss from continuing operations (18,270 ) (106,739 ) (117,143 ) (228,714 ) Other income (expense), net (202,902 ) 10,629 (479,854 ) (242,641 ) Loss from continuing operations before income taxes (221,172 ) (96,110 ) (596,997 ) (471,355 ) Income tax (expense) recovery (329 ) 1,435 (7,141 ) (12,327 ) Net loss from continuing operations (221,501 ) (94,675 ) (604,138 ) (483,682 ) Discontinued operations, net of income tax 713 2,338 6,023 (192,113 ) Net loss from discontinued operations attributable to noncontrolling interests and redeemable noncontrolling interest - - - (18,526 ) Net loss attributable to Canopy Growth Corporation $ (220,788 ) $ (92,337 ) $ (598,115 ) $ (657,269 ) Basic and diluted loss per share Continuing operations $ (1.43 ) $ (1.06 ) $ (5.62 ) $ (6.47 ) Discontinued operations - 0.03 0.06 (2.32 ) Basic and diluted loss per share $ (1.43 ) $ (1.03 ) $ (5.56 ) $ (8.79 ) Basic and diluted weighted average common shares outstanding 154,551,440 89,500,859 107,553,729 74,787,521 Schedule 3 CANOPY GROWTH CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands of Canadian dollars, unaudited) Years ended March 31, 2025 2024 Cash flows from operating activities: Net loss $ (598,115 ) $ (675,795 ) Gain (loss) from discontinued operations, net of income tax 6,023 (192,113 ) Net loss from continuing operations (604,138 ) (483,682 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation of property, plant and equipment 21,522 28,376 Amortization of intangible assets 21,596 24,800 Share-based compensation (4,205 ) 14,180 Loss on asset impairment and restructuring 20,285 53,797 Income tax expense 7,141 12,327 Non-cash fair value adjustments and charges related to settlement of long-term debt 413,412 160,468 Change in operating assets and liabilities, net of effects from purchases of businesses: Amounts receivable (4,485 ) (3,749 ) Inventory (17,715 ) 1,034 Prepaid expenses and other assets 5,719 (2,433 ) Accounts payable and accrued liabilities (15,484 ) 9,115 Other, including non-cash foreign currency (9,398 ) (42,654 ) Net cash used in operating activities - continuing operations (165,750 ) (228,421 ) Net cash used in operating activities - discontinued operations - (53,529 ) Net cash used in operating activities (165,750 ) (281,950 ) Cash flows from investing activities: Purchases of and deposits on property, plant and equipment (10,813 ) (3,449 ) Purchases of intangible assets (467 ) (547 ) Proceeds on sale of property, plant and equipment 4,932 154,052 Redemption of short-term investments 16,428 78,549 Net cash outflow on sale or deconsolidation of subsidiaries (6,968 ) (955 ) Net cash inflow on loan receivable 30,308 - Investment in other financial assets (95,335 ) (347 ) Other investing activities - (7,705 ) Net cash (used in) provided by investing activities - continuing operations (61,915 ) 219,598 Net cash provided by investing activities - discontinued operations 14,127 21,992 Net cash (used in) provided by investing activities (47,788 ) 241,590 Cash flows from financing activities: Proceeds from issuance of common shares and warrants 385,391 81,063 Proceeds from exercise of stock options 112 - Proceeds from exercise of warrants 8,454 - Issuance of long-term debt and convertible debentures 68,255 - Repayment of long-term debt (289,031 ) (509,779 ) Other financing activities (24,521 ) (36,339 ) Net cash provided by (used in) financing activities 148,660 (465,055 ) Effect of exchange rate changes on cash and cash equivalents 8,389 (1,292 ) Net decrease in cash and cash equivalents (56,489 ) (506,707 ) Cash and cash equivalents, beginning of period1 170,300 677,007 Cash and cash equivalents, end of period2 $ 113,811 $ 170,300 1 Includes cash of our discontinued operations of $nil and $9,314 for March 31, 2024 and 2023, respectively. 2 Includes cash of our discontinued operations of $nil and $nil for March 31, 2025 and 2024, respectively. Schedule 4 Adjusted Gross Margin1 Reconciliation (Non-GAAP Measure) Three months ended March 31, (in thousands of Canadian dollars except where indicated; unaudited) 2025 2024 Net revenue $ 65,031 $ 72,788 Gross margin, as reported 10,544 15,468 Adjustments to gross margin: Restructuring costs recorded in cost of goods sold 1,991 (297 ) Adjusted gross margin1 $ 12,535 $ 15,171 Adjusted gross margin percentage1 19 % 21 % 1 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. See "Non-GAAP Measures". Years ended March 31, (in thousands of Canadian dollars except where indicated; unaudited) 2025 2024 Net revenue $ 268,995 $ 297,146 Gross margin, as reported 79,511 80,882 Adjustments to gross margin: Restructuring costs recorded in cost of goods sold 1,991 (986 ) Adjusted gross margin1 $ 81,502 $ 79,896 Adjusted gross margin percentage1 30 % 27 % 1 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. See "Non-GAAP Measures". Schedule 5 Adjusted EBITDA1 Reconciliation (Non-GAAP Measure) Three months ended March 31, (in thousands of Canadian dollars, unaudited) 2025 2024 Net loss from continuing operations $ (221,501 ) $ (94,675 ) Income tax expense (recovery) 329 (1,435 ) Other (income) expense, net 202,902 (10,629 ) Share-based compensation (18,736 ) 4,053 Acquisition, divestiture, and other costs 5,202 13,062 Depreciation and amortization 11,467 11,295 Loss on asset impairment and restructuring 9,098 63,535 Restructuring costs recorded in cost of goods sold 1,991 (297 ) Adjusted EBITDA1 $ (9,248 ) $ (15,091 ) 1Adjusted EBITDA is a non-GAAP measure. See "Non-GAAP Measures". Years ended March 31, (in thousands of Canadian dollars, unaudited) 2025 2024 Net loss from continuing operations $ (604,138 ) $ (483,682 ) Income tax expense 7,141 12,327 Other (income) expense, net 479,854 242,641 Share-based compensation (4,205 ) 14,180 Acquisition, divestiture, and other costs 21,502 37,435 Depreciation and amortization 43,118 53,176 Loss on asset impairment and restructuring 31,233 65,987 Restructuring costs recorded in cost of goods sold 1,991 (986 ) Adjusted EBITDA1 $ (23,504 ) $ (58,922 ) 1Adjusted EBITDA is a non-GAAP measure. See "Non-GAAP Measures". Schedule 6 Free Cash Flow1 Reconciliation (Non-GAAP Measure) Three months ended March 31, (in thousands of Canadian dollars, unaudited) 2025 2024 Net cash used in operating activities - continuing operations $ (33,152 ) $ (22,460 ) Purchases of and deposits on property, plant and equipment - continuing operations (3,089 ) (249 ) Free cash flow1 - continuing operations $ (36,241 ) $ (22,709 ) 1Free cash flow is a non-GAAP measure. See "Non-GAAP Measures". Years ended March 31, (in thousands of Canadian dollars, unaudited) 2025 2024 Net cash used in operating activities - continuing operations $ (165,750 ) $ (228,421 ) Purchases of and deposits on property, plant and equipment - continuing operations (10,813 ) (3,449 ) Free cash flow1 - continuing operations $ (176,563 ) $ (231,870 ) 1Free cash flow is a non-GAAP measure. See "Non-GAAP Measures". Schedule 7 Segmented Gross Margin Reconciliation Three months ended March 31, (in thousands of Canadian dollars except where indicated; unaudited) 2025 2024 Canada cannabis segment Net revenue1 $ 40,377 $ 38,622 Gross margin, as reported2 2,292 300 Gross margin percentage, as reported 6 % 1 % Adjustments to gross margin: Restructuring costs recorded in cost of goods sold 1,991 - Adjusted gross margin3 $ 4,283 $ 300 Adjusted gross margin percentage3 11 % 1 % International markets cannabis segment Revenue $ 7,568 $ 11,646 Gross margin, as reported 1,928 6,318 Gross margin percentage, as reported 25 % 54 % Adjustments to gross margin: Restructuring costs recorded in cost of goods sold - (297 ) Adjusted gross margin3 $ 1,928 $ 6,021 Adjusted gross margin percentage3 25 % 52 % Storz & Bickel segment Revenue $ 17,086 $ 22,153 Gross margin, as reported 6,324 9,054 Gross margin percentage, as reported 37 % 41 % Other Revenue1 $ - $ 367 Gross margin, as reported2 - (204 ) Gross margin percentage, as reported 0 % (56 %) 1 A reclassification of $1,540 of ancillary cannabis revenues from Other to Canada cannabis occurred for the year ended March 31, 2024. 2 A reclassification of $143 in gross margin from Other to Canada cannabis occurred for the year ended March 31, 2024. 3 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. See "Non-GAAP Measures". Years ended March 31, (in thousands of Canadian dollars except where indicated; unaudited) 2025 2024 Canada cannabis segment Net revenue1 $ 155,860 $ 159,165 Gross margin, as reported2 36,517 25,640 Gross margin percentage, as reported 23 % 16 % Adjustments to gross margin: Restructuring costs recorded in cost of goods sold 1,991 (689 ) Adjusted gross margin3 $ 38,508 $ 24,951 Adjusted gross margin percentage3 25 % 16 % International markets cannabis segment Revenue $ 39,734 $ 41,312 Gross margin, as reported 15,225 16,682 Gross margin percentage, as reported 38 % 40 % Adjustments to gross margin: Restructuring costs recorded in cost of goods sold - (297 ) Adjusted gross margin3 15,225 16,385 Adjusted gross margin percentage3 38 % 40 % Storz & Bickel segment Revenue $ 73,401 $ 70,670 Gross margin, as reported 27,769 30,128 Gross margin percentage, as reported 38 % 43 % This Works segment Revenue $ - $ 21,256 Gross margin, as reported - 10,534 Gross margin percentage, as reported 0 % 50 % Other Revenue1 $ - $ 4,743 Gross margin, as reported2 - (2,102 ) Gross margin percentage, as reported 0 % (44 %) 1 A reclassification of $5,449 of ancillary cannabis revenues from Other to Canada cannabis occurred for the year ended March 31, 2024. 2 A reclassification of $744 of ancillary cannabis gross margin from Other to Canada cannabis occurred for the year ended March 31, 2024. 3 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. See "Non-GAAP Measures". View source version on Contacts Alex ThomasDirector, Communicationsmedia@ Tyler BurnsDirector, Investor Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Buzz Feed
4 hours ago
- Buzz Feed
31 Cleaning Tips To Help You Get Serious Results
Fill a dishwashing wand with vinegar and dish soap, then bust through (and prevent) soap-scum and hard-water buildup by scrubbing down the walls + door *while* you shower. It's the perfect excuse to stay in the warm steam just a little big longer! Just don't forget to rinse well afterward. From Smart School House. Get a dishwand from Amazon for $3.33, and a pack of ten refills for $16.49. Or mist your shower walls, curtain/door, tub, fixtures and floor once a week after you turn off the water and you'll (almost) never need to deep clean your shower at all. This daily shower cleaner prevents *and* helps clean buildup of all kinds of nasties, including the dreaded soap scum and limescale, with no need to scrub — simply rinse the next day, right before you shower again. Get enough to last 12 weeks from Amazon for $ review: "Does a FANTASTIC job if used regularly. I love this product. I hate cleaning tubs. This product has made our tubs look new. I don't use it every every third. Just spray down everything after the shower, and forget about it. You DO need to rinse tub before the next shower due to product making it slick. The fumes of other cleaners always messed with my asthma. I have noticed that for some reason with this one, I sneeze twice, because I have to spray shower doors while I'm still in the it never affects my lungs. I would recommend this to EVERYONE!" —Angela GIllaird Wipe away built-up layers of soap scum and hard water stains on your glass doors with the help of a soft cleanser — the reviewer who took the photos below said they didn't even have to scrub. Get a pack of three bottles from Amazon for $20.99 (about $7 each). Secure a plastic bag filled with vinegar + baking soda around your shower head to descale hard water stains and break up mold or mildew while you go back and sit on the couch. I do exactly this about every six months or so, and it works every single time! See my full shower hack review. Brighten your greying, dirty, and mildewed white grout by running some bleach gel over all the worst spots. From Classy Clutter, who also uses a drill scrub brush to supplement. Note that this only really works for white grout, and could even change the tone of any grout with color. TIL that the pictured Clorox bleach pens were discontinued, womp womp. You can still get a price-gouged one on Amazon for $59.99, but I recommend either DIY-ing your own (Happy Money Saver has a how-to) or opting for the Skylar Life bleach gel, which you can get from Amazon for $14.99. It works on grout, caulk, and tile of all colors. Promising review (for the Skylar Life bleach gel): "All those BuzzFeed posts that say this product can clean are true. I have annoying grout stains and mold and this product does the job. No matter how many times I scrub and clean the mold/stains come back but with this product they go away and stay away for a while. I have to reapply now and then but it's totally worth it." —Nona Gayle Cut down on your elbow grease while still getting gaps, corners, hard water stains, and (any color) grout clean with a power scrubber. It scrubs up to 60 times each second(!!) so you all you have to do is sit there and leisurely wave it around a little. Yes it's like a giant electric toothbrush, but y'all, I own one and it REALLY works. You literally see the dirt come up and the grout lighten with just 30 seconds of use. They make a specialty grout head you can buy for it ($19.95 from Amazon), but TBH the default brush works just as well, unless you have incredibly narrow grout it from Amazon for $19.95 or from Target with the grout brush for $19.99. Want more details? Read my full Rubbermaid power scrubber review (#2)! Work a miracle on your disgusting toilet tank by pouring in a cup of citric acid, topping with some boiling water, and walking away for a few hours. The step-by-step: 1. Turn the water to your toilet off with the little metal valve in the back. 2. Flush the toilet so the tank empties, but doesn't refill (because the water's off). 3. Pour a half cup of citric acid in the tank. 4. Fill the tank up with hot water (some people boil it, some people just use hot from the tap). 5. Let it sit for at least two hours, and up to overnight. 6. Give it all a scrub with your toilet brush. 7. Turn the water back on, and flush a few times till all the mess is gone! You can get citric acid from Amazon for $14.99. Save yourself lots of fruitless scrubbing with a toilet brush and use a pumice stone to quickly banish those impossible rust and mineral rings in your toilet bowl. Citric acid could work here too, if you want to leave it sitting overnight. But if you want that ring gone in five minutes, the pumice stone's the way to go. Get one from Amazon for $10.80. And if you have to pumice regularly, start dropping in a weekly-ish citiric acid-infused toilet bomb and you might not have to scrape those hard water stains off ever again. Just swish once or twice, let it fizz for about five minutes, then scrub for a minute or so with a toilet brush. You'll probably still need a pumice stone to get it clean the first time, but regular use of these can help keep your toilet hard-water-stain-free for longer. These are both made and sold by Bombs Away, an Elizabethtown Pennsylvania-based small business that sells hand made cleaning and bath products. They're on Etsy for $11.99+. Then stamp some gel into your clean toilet to actually keep it that way for weeks and months at a time. All you have to do is re-stamp as needed. If you can't imagine not using your toilet brush, you can use the small remaining bit of gel to scrub down the bowl before applying more. I used this in college and can personally attest it really does work!Get enough to keep your toilet clean for up to 10 weeks for $4.67 on Amazon. Switch to wearing sweeper slippers every time you're at home, so as you walk around, you're also picking up all the dust, fuzz, and hair lurking on your hard floors. Of course these only really work on hard floors like wood or tile. And even then, they'll pick up *some* stuff, but not everything — to pick up more dust, crumbs, and debris, you have to put a little effort into using your feet as brooms and sweeping everything into one pile. But when I wore them for a week, I did that way more often than I expected to, and my floors were cleaner because of it!The pair I got from Amazon initially is sold out, but you can get the pictured bear version from Amazon for $13.59 (available in 3 sizes, 3 colors, and 5 designs) or a pack of 5 brightly-colored elastic pairs that slip over socks on Amazon for $ review (for the bear version): "So worth it! I love having clean floors but sometimes I'm lazy and I live near the beach, so sand can be a hassle on the hardwood floors in my apartment. I love these so much and have pretty much worn then every day since I got them. They are super comfy and help clean! These are such a great addition to my routine." —Laura J Leisurely dab up even the most impossible and old set-in carpet and upholstery stains with the help of a spray-and-blot spot remover. I've used this stuff on a week-old strawberry smoothie stain (on a blue and white rug), chocolate stains on fuzzy pillows, and other mystery stains, and have seen it for myself — it really does work! It's great for all kinds of stains, like oil, makeup, food, dirt, rust, ink, and wine; even if they're years old. (It won't work on, say, hair dye stains, though. It's a cleaner, not a bleach.) Get it on Amazon for $6.65. Promising review (from the pictured B&A above): "If you are ever thinking you might need this, TRUST ME you do! My two-year-old threw up chocolate milk on our cream carpet. It was a complete disaster. I tried everything and nothing even made a dent in it, until this. It's also scentless, which was great because I got the stain up right before my little girl's bedtime. TOP NOTCH!" —Jillian Briggs Have pets that shed? Pick up every last little bit of their fur that's embedded in your carpet using the squeegee-side of a rubber broom. Can you believe the German Shepard owner who took this pic uses a Dyson pet vac — and THAT is how much hair the broom got that the vacuum didn't?? It also works wonders on hardwood floors and tile! It won't take very long for this thing to pluck every last piece of pet hair out of your space. Get it from Amazon for $12.99. Promising review: "This thing just plain works. We got a golden retriever last year and were told he didn't shed, but in the spring he started shedding badly. The bristles pulled the hair up then caught the tufts and spread them around. I found that using short quick strokes with the rake turned upside-down got the best results. The backside is more like a squeegee and helps pull the hair up in long rolls and keeps the hair in one big pile." —Nick V. Use any old squeegee and some water in a spray bottle to easily clean pet hair off your sofa, furniture, and basically anything that's upholstered with fabric. Just spritz once or twice, squeegee, and watch it clump up. Then use your hands or a vacuum to suck up the clumps. It's the same concept as the broom above, but for smaller areas than your floor, and you probably already have a squeegee at home! From CareaBearaSara. A similar squeegee is $10.99 on Amazon. Pop a bunch of things in the dishwasher to clean them all at once while you go and do literally anything else: dusty AC vent covers, sticky stove vent hood filters, grimy glass light covers, and even wrenches and screwdrivers can stand a go. From One Crazy House. For more, check out 16 Ways To Use Your Dishwasher To Clean Almost Everything You Own. Then clean all the gunk and scum out of your dishwasher by running it empty with a cleaning tablet. If cross-contamination has you concerned, this will cover you! It also helps dissolve any hard water buildup. Get six tablets for $8.99 on Amazon. Cleans and polish your stainless steel in a single, quick, satisfying step with this spray-and-wipe cleaner. Get it and a large microfiber cloth on Amazon for $ mom's had stainless appliances for well over a decade and a half now, and she just discovered this spray from reading our posts, and said it works *wonderfully*, truly 100% better than any other kind of stainless cleaners she'd tried in the past!! Promising review: "I've tried at least 10 different products over the years and two homemade concoctions, frustrated with how long it takes to rub out the smears and streaks, never achieving the shine I'm looking for. This product was quick, easy and the shiny stainless appliances result I've been searching for is achieved. Eureka!!!" —Cat Spray some fume-free foam cleaner in your oven, let it all sit overnight, then easily wipe away the crud in the morning — the oven will look brand new. Technically, you can let this sit anywhere from two hours to overnight to get results. And while you might have to do *some* light scrubbing, it should be much easier than it would've been without this cleaner! Don't forget to spray it on the racks too (unless your racks have a special coating on 'em). Get a 24-ounce can on Amazon for $ review: "This stuff is amazing! Spray it on, let it sit overnight and wipe it out. Looks brand new. I honestly didn't think this was possible. The grates had years of cooked on grease, sprayed right off in the sink. Can't wait to try it on the BBQ." —Kalub hall Microwave a bowl filled with water + lemon for three to five minutes — then leave the door closed for a few minutes so everything can steam — and you'll be able to wipe off every single dried-on food bit with one swipe of a paper towel. This also works with water + vinegar, or honestly just plain water. And of course you can wipe off with a sponge instead. I've been doing this for years, and have yet to find a gross microwave where this doesn't work wonders. Read my full review or watch the Nifty video. Shine up your stovetop with five minutes of concentrated work: Drizzle on some Dawn and hydrogen peroxide, sprinkle with baking soda, and vigorously scrub in circles with a dish brush. Then just wipe clean to reveal the sparkle. From My Thirty Spot. Get a highly-rated dish brush from Amazon for $9.95. Enlist a soft cleanser to easily scrub off cooked-on gunk from your stainless or enameled gas stove (and tons of other things). Kayla, a former editor here a BuzzFeed, tested it out herself when she used it on her enameled stove — and it made the stains completely vanish! Get a bottle from Amazon for $7.45, or read her Barkeeper's Friend review for more. Run a knife wrapped in a damp cloth through the gap between your oven and your stove to extract all the crumbs and crud lodged in there. Then cover that gap with a pair of stainless steel covers so you never have to clean that spot out again. They simply slide right in there, or you can use an included adhesive to make 'em more permanent. They come in two sizes on Amazon: 20-3/4" long for $34 or 23-3/4" long for $45.59. Promising review: "In a kitchen upgrade we went from slide-in to free-standing and ended up with a gap between the range and the counter. They blend in perfectly and will not warp with heat." —Amazon Customer Dissolve hard water stains on your water faucets by wrapping them up in vinegar-soaked paper towels for an hour — they'll wipe off in one go. From Lemons, Lavender, and Laundry. Grind up a garbage disposal cleaning packet — its foam will reach into the depths of the disposal to clean every. single. last. inch. Note that if you're disposal's clogged, though, this definitely won't take care of the problem. For that, you'll probably need to call a a pack of eight on Amazon for $10.84. Promising review: "I had noticed my disposal had a bad smell to it, but my the landlord doesn't do a great job at coming to look at things. I got this to clean it and hopefully help with the smell. I've been using it once a week, and I have noticed that the smell is gone and the disposal just sounds happier when being used. These are VERY simple to use. Take a packet (DO NOT open it) and put in sink after having warm water running for about a minute. Turn on the disposal. Run until the blue foam goes away. Perfection!" —L. Johnson Pick up that grimy, sticky dust that seems to inevitably accumulate on your stove and vent hood with a few drops of mineral oil (or even olive or vegetable oil) on a paper towel. If you do opt for veg, olive, or some other food oil instead, make sure to wash it off any surfaces thoroughly when you're done to prevent it from going rancid and smelling bad. From The Manly Housekeeper (which doesn't seem to exist anymore, sigh). Get a 16-ounce bottle of mineral oil on Amazon for $8.40. Grab that bottle of stain remover from number 12 again and use it to make the years-old mystery stain on your mattress vanish right before your eyes. Or at least make it look, like, 1000x better. Get it on Amazon for $6.65. Then mix baking soda with a few drops of essential oil and sprinkle that on your mattress to absorb any funky smells. Then simply vacuum it up after it sits for a bit. From One Good Thing By Jillee. A lint roller will pick up all the built-up dust on your lampshades and pillows. From Creekline House. Get a pack of five lint rollers on Amazon for $19.99. And wipe down all your other surfaces with a microfiber duster, which attracts and holds onto dust like a *magnet*, instead of brushing it into the air just to settle again later. Actually getting rid of the dust is THE key to a home that needs less dusting. This one from OXO is very thin so it can squeeze into tight crevices. To clean it you just run it through a gentle cycle in the washer, and air it from Amazon for $11.99 (or one with an extendable handle for $17.99).Promising review: "Definitely works as advertised. It captures ALL the dust it goes over and I'd recommend it, even for the lazy young adults who hate cleaning like myself." —S Washing machine smelling a little funky? Run it on an empty cycle with hot water and vinegar to freshen it up. Depending on your model, you may need to directly add the vinegar to a full drum of hot water — read more on The Inspiration Board. Or if you've tried that with no success — or are just the type to go big or go home — opt for a washer cleaning tab, instead. Get a pack of six on Amazon for $11.98. Promising review: "I always leave the door of my front loader washer open to dry out so it doesn't get moldy or smelly but despite that it had a funky smell. Being lazy and not wanting to do much to fix it, I decided to buy these and give them a try. I was surprised and thrilled to find the smell completely gone after using it just once!" —Jen
