Canopy Growth Corporation (CGC)
| Market Cap | 165.77M |
| Revenue (ttm) | 192.34M |
| Net Income (ttm) | -326.42M |
| Shares Out | 158.17M |
| EPS (ttm) | -3.57 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,683,629 |
| Open | 1.030 |
| Previous Close | 1.020 |
| Day's Range | 0.980 - 1.060 |
| 52-Week Range | 0.882 - 14.920 |
| Beta | 1.73 |
| Analysts | Sell |
| Price Target | 2.00 (+90.48%) |
| Earnings Date | Feb 7, 2025 |
About CGC
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 the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products und... [Read more]
Financial Performance
In 2023, Canopy Growth's revenue was 297.15 million, a decrease of -10.83% compared to the previous year's 333.25 million. Losses were -657.27 million, -79.95% less than in 2022.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CGC stock is "Sell." The 12-month stock price forecast is $2.0, which is an increase of 90.48% from the latest price.
News
Canopy Growth and Spectrum Therapeutics Announce Spectrum Reserve, A New Premium Medical Cannabis Brand
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of ca...
Canopy Growth Strengthens Balance Sheet with Optional Early Prepayment to Reduce Term Loan by US$100 Million
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of ca...
March 2025 Watchlist: Best Canadian Marijuana Stocks to Track Now
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Wana Brands Brings Hemp-Derived THC Edibles to Texas
BOULDER, Colo. , March 17, 2025 /PRNewswire/ -- Wana Brands , North America's leading edibles provider and a subsidiary of Canopy USA LLC ("Canopy USA"), is thrilled to announce the launch of its hemp...
Wana Brands Brings THC-Infused Sparkling Hemp Beverages to Total Wine & More Stores Nationwide
Strategic Partnership Increases Consumer Availability for Premium Cannabis Beverages BOULDER, Colo. , March 12, 2025 /PRNewswire/ -- Wana Brands , North America's leading edibles provider and a subsid...
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Canopy Growth's stock falls to all-time low on pot company's share-sale plans
Canopy Growth Corp.'s stock fell 9% to an all-time low on Monday after the cannabis company said it would sell up to $200 million of its stock.
Canopy Growth Establishes New US$200 Million At-The-Market Program
Net proceeds expected to be used for corporate purposes including paying down debt, strengthening the Company's cash position, and supporting strategic M&A SMITHS FALLS, ON , Feb. 28, 2025 /PRNewswire...
Canopy Growth Announces Entry of Tweed Brand to German Medical Cannabis Market
Four new Tweed strains available through an agreement with Portugal-based Gro-Vida Tweed Glitter Bomb strain launched in December 2024 through an agreement with German-based Cansativa SMITHS FALLS, ON...
Canopy Growth: Q3 Earnings Shows Improvement But Cannabis Sector Remains Weak
Canopy Growth recently reported improved Q3-2025 financial results. They expect continued growth across operating segments. The company's stock price is down 46% over the last twelve months.
Here Is How Marijuana Stocks Are Impact By The Cannabis Industry
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Canopy Growth Expands Deep Space Propulsion Beverage Lineup with Two New Flavours: Rocket Root Beer and Charged Cream Soda
Together with Blue Sourberry and Altitude Lemon Lime, Deep Space Propulsion Continues to Pioneer the High-Potency Cannabis Beverage Category with its Expanded Portfolio of Innovative Flavours SMITHS F...
Canopy Growth Corporation (CGC) Q3 2025 Earnings Call Transcript
Canopy Growth Corporation (NASDAQ:CGC) Q3 2025 Earnings Conference Call February 7, 2025 10:00 AM ET Company Participants Tyler Burns - Director, IR Luc Mongeau - CEO Judy Hong - CFO Conference Call ...
Why Is Canada-Based Cannabis Firm Canopy Growth Stock Trading Lower On Friday?
On Friday, Canopy Growth Corporation CGC reported third-quarter 2025 sales of CA$74.76 million, down from CA$78.51 million a year ago, beating the consensus of CA$69.11 million.
Canopy Growth's mixed results stop momentum from recent marijuana-stock rally
Canopy's stock reversed on earnings after seeing a rally sparked by the possibility of marijuana reform in the U.S.
Canopy Growth Reports Third Quarter Fiscal Year 2025 Financial Results
Strong holiday sales drove Storz & Bickel net revenue growth of 19% year-over-year Record quarter for Canada medical cannabis with net revenue increasing 16%; international markets cannabis net reve...
Canopy Growth: Still A Disaster Heading Into Fiscal Q3 Results
Canopy Growth Corporation is likely to report weak financials when reporting FQ3 results on February 7. The company struggles with low gross margins of 35% and continues to burn cash, while a peer's r...
Cannabis stocks climb on RFK Jr. approval, Senate marijuana-banking hearing
Cannabis stocks tend to move on speculation around potential federal reforms around pot.
Canadian Cannabis Market Update: Best Stocks to Track in February 2025
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Top Canadian Cannabis Stocks in 2025: What to Watch in January
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Canopy Growth to Report Third Quarter Fiscal 2025 Financial Results on February 7, 2025
SMITHS FALLS, ON , Jan. 24, 2025 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the third quarter fiscal y...
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Canopy USA Announces Appointment of Mr. M. Brooks Jorgensen as President
A cannabis and beverage alcohol industry executive with more than 25 years of experience, Mr. Jorgensen will lead the unified Canopy USA organization forward with a focus on driving profitable growth ...