07:59 AM EDT, 09/15/2025 (MT Newswires) -- Canopy Growth ( CGC ) was at last look up 0.7% in US premarket trade Monday after saying it has prepaid US$25 million on its senior secured term loan.

The company had entered into an agreement with its lenders (announced on July 29) to make certain prepayments. Canopy Growth ( CGC ) prepaid US$25 million, the first of three prepayments, on July 31. It said the current prepayment, ahead of schedule, satisfies the remainder of its obligation in the agreement.

"Having accelerated the full US$50 million prepayments of our term loan under the agreement, the company has captured US$4.0 million of cash interest savings for fiscal 2026. By reducing debt and interest expense, we continue to take prudent steps that strengthen the company's financial position," said Tom Stewart, interim chief financial officer.