Canopy Growth Corporation (TSX: WEED)

Canada flag Canada · Delayed Price · Currency is CAD
12.15
+0.29 (2.45%)
Apr 26, 2024, 4:00 PM EDT
-32.87%
Market Cap 1.11B
Revenue (ttm) 344.36M
Net Income (ttm) -1.21B
Shares Out 100.23M
EPS (ttm) -20.43
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,903,969
Open 12.18
Previous Close 11.86
Day's Range 11.95 - 13.97
52-Week Range 3.74 - 26.00
Beta 2.03
Analysts n/a
Price Target 6.55 (-46.09%)
Earnings Date Jun 20, 2024

About Canopy Growth

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes. It offers its products under the Tweed, 7ACRES, 7ACRES Craft Collective, DOJA, Ace Valley, Quatreau, Deep Space, First + Fr... [Read more]

Sector Healthcare
CEO David Eric Klein
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol WEED
Full Company Profile

Financial Performance

In 2022, Canopy Growth's revenue was 402.90 million, a decrease of -22.57% compared to the previous year's 520.33 million. Losses were -3.31 billion, 932.7% more than in 2021.

Financial Statements

News

Top Canadian Marijuana Stocks To Invest In For Big Gains

The cannabis industry has rapidly become a significant sector within the stock market, attracting a diverse array of investors. Yet marijuana stocks are notorious for their volatility, influenced heav...

3 days ago - MarijuanaStocks

Marijuana Stock Movers For April 23, 2024

GAINERS: Target Group (OTC: CBDY) shares closed up 28.89% at $0.01 SOL Glb Inv (OTC: SOLCF) shares closed up 26.67% at $0.04 Cannabix Technologies (OTC: BLOZF) shares closed up 18.33% at $0.29 Auro...

3 days ago - Benzinga

Benzinga Bulls And Bears: Tesla, DraftKings, Broadcom And Trader Says Buy Dogecoin In High 10 Cents If You Get A Chance

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Bears ruled Wall Street this week as the S&P 500 endured its worst we...

7 days ago - Benzinga

Canopy Growth's Big Step Toward Entry Into US Cannabis Market As DEA Rescheduling Looms

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) said on Thursday, April 18 that in connection with the creation of the company's non-voting and non-participating exchangeable shares, Greenstar C...

7 days ago - Benzinga

Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business

Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., followin...

8 days ago - MarketWatch

Bearish Sentiment Across The Cannabis Space - Check Full Movers For April 18, 2024

GAINERS: SOL Glb Inv (OTC: SOLCF) shares closed up 38.57% at $0.03 MJ Holdings (OTC: MJNE) shares closed up 27.91% at $0.01 Canopy Gwth (NASDAQ: CGC) shares closed up 20.34% at $7.83 Global Complia...

8 days ago - Benzinga

Canopy Growth Announces CBI Conversion to Exchangeable Shares and Newly Constituted Board of Directors

Conversion of Greenstar Promissory Note into Exchangeable Shares further improves Canopy's balance sheet through the elimination of short term debt, reduces overall debt balance by C$100MM SMITHS FALL...

8 days ago - PRNewsWire

Ally Financial Reports Upbeat Earnings, Joins Badger Meter, Genuine Parts And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Nasdaq Composite falling over 50 points on Thursday. Shares of Ally Financial Inc. (NYSE: ALLY) rose sharply during Thursday's session after the company reported bett...

8 days ago - Benzinga

Why Canopy Growth Stock Is Glowing Green Today

Marijuana banking reform could happen this year, but Canopy Growth won't turn profitable for five more years.

8 days ago - The Motley Fool

What's Going On With Cannabis Stocks Wednesday?

Several cannabis stocks are well off their lows for the day and trending higher Wednesday afternoon. Here’s a look at what’s going on . What To Know: Wednesday marks the final day of Benzinga's Cannab...

9 days ago - Benzinga

Canopy Growth CEO At Benzinga Conference: 'I Don't Think Our Investors Understand The Value That Sits Inside Of Canopy'

Canopy Growth Corp (NASDAQ: CGC) confirmed this week that shareholders gave the green light for the company’s Canopy USA plans. This sets the stage for accelerated acquisitions of Wana and other U.S....

9 days ago - Benzinga

Canopy Growth shares on track for its seventh day trading in the red

Canopy Growth (CGC) shares continue to decline, down 3.30% on Tuesday. The company has seen a 54% loss in the last year but has outperformed the S&P 500 YTD.

10 days ago - Seeking Alpha

April 2024's Hot Picks: Top Canadian Cannabis Stocks To Watch Now

As we move into mid-April 2024, Canadian marijuana stocks are capturing the attention of investors, given the ongoing developments and shifts in the global cannabis market. Stocks like Tilray, Canopy ...

11 days ago - MarijuanaStocks

Canopy Is 'Cautiously Optimistic' On Cannabis Rescheduling Following Major Step Toward Entry Into US THC Market

Canopy Growth Corporation 's (TSX: WEED) (NASDAQ: CGC) shareholders approved the creation of a new class of exchangeable shares of the company during their special meeting on Friday, April 12, as re...

11 days ago - Benzinga

Canopy Growth to expedite entry into U.S. cannabis market

Canopy Growth accelerates its entry into the US retail cannabis market, approving a new class of shares.

12 days ago - Seeking Alpha

Canopy Growth: Buy, Sell, or Hold?

The worst could be over, but is that enough to justify buying it?

12 days ago - The Motley Fool

CANOPY GROWTH ANNOUNCES RESULTS OF SPECIAL MEETING OF SHAREHOLDERS

Shareholders overwhelmingly approve the creation of a new class of Exchangeable Shares of Canopy Growth, enabling the acceleration of Canopy Growth's entry into the U.S. THC market, which is expected ...

12 days ago - PRNewsWire

These Marijuana Stocks Could Begin To Rise Again?

Marijuana stock investors are seeing the future of cannabis and investing transforming. What does this mean exactly? So from earlier on in the green rush most marijuana stocks traded as if they were n...

15 days ago - MarijuanaStocks

Where Will Canopy Growth Be in 10 Years?

Is investing in Canopy Growth a good way to take advantage of the cannabis industry's attractive growth prospects?

17 days ago - The Motley Fool

NASDAQ-Listed Marijuana Stocks, Tilray, Canopy, Aurora Rally: What's Behind The Surge?

The Canadian cannabis sector is witnessing a notable upswing, driven by recent developments including Tilray's (NASDAQ: TLRY) earnings report, Organigram's investor day (NASDAQ: OGI) and pivotal mov...

18 days ago - Benzinga

Why Canopy Growth, Cronos, and Aurora Cannabis Stocks Popped on Monday

What is the safest way to bet on SAFER marijuana banking reform?

18 days ago - The Motley Fool

Smart Money Is Betting Big In CGC Options

Financial giants have made a conspicuous bearish move on Canopy Gwth. Our analysis of options history for Canopy Gwth (NASDAQ: CGC) revealed 13 unusual trades. Delving into the details, we found 30% ...

18 days ago - Benzinga

Canopy Gwth Options Trading: A Deep Dive into Market Sentiment

High-rolling investors have positioned themselves bearish on Canopy Gwth (NASDAQ: CGC), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga...

22 days ago - Benzinga

Weed Stocks Are in the Green Again

From last summer's low, the Pure US Cannabis ETF has doubled, to a recent $10.25.

23 days ago - Barrons