Canopy Growth Corporation (CGC)
| Market Cap | 293.87M |
| Revenue (ttm) | 207.63M |
| Net Income (ttm) | -417.90M |
| Shares Out | 105.36M |
| EPS (ttm) | -4.94 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,213,559 |
| Open | 2.750 |
| Previous Close | 2.780 |
| Day's Range | 2.650 - 2.765 |
| 52-Week Range | 2.650 - 14.920 |
| Beta | 1.78 |
| Analysts | Sell |
| Price Target | 2.00 (-25.23%) |
| 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 one analyst, the rating for CGC stock is "Sell" and the 12-month stock price forecast is $2.0.
News
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STORZ & BICKEL Makes History as First Vaporizer Brand to Sponsor NYLON House During Miami Art Week
The Brand's Latest Device, VENTY, Crowned Vaporizer of the Year at the 2024 EMJAYS International Cannabis Awards TUTTLINGEN, Germany , Dec. 12, 2024 /PRNewswire/ -- STORZ & BICKEL GmbH (" STORZ & BIC...
Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage
Canopy USA is now positioned to consolidate operations across its three business units – Wana, Jetty, and Acreage – realizing synergies, cost savings, and supporting growth in state-legal markets acro...
Canopy Growth's Seasonal Essentials for Gifting, Gathering, and Unwinding
Holiday cheer starts here—elevate the season with festive flavours and fresh favourites featuring the latest and greatest from Canopy's premium product portfolio SMITHS FALLS, ON , Dec. 4, 2024 /PRNew...
Canopy Growth and Acreage Provide Update on Closing Timeline
SMITHS FALLS, ON, and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power o...
Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks
With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived fro...
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Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO
With its stock price down about 19% so far this year and a string of money-losing quarters, Canopy Growth tapped Luc Mongeau as chief executive, taking over from David Klein on Jan. 6.
Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO
An accomplished senior leader with more than 25 years of CPG experience, Mr. Mongeau has been actively engaged with the Company's board for nearly two years This appointment follows a comprehensive se...
Acreage Provides Update on Corporate Transactions
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Marijuana Industry Could Stay in Limbo Under Trump
A hands-off policy on cannabis will be a bad outcome for a business already struggling with ambiguous laws.
The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan
Canopy Growth Corporation‘s CGC strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates . CEO David Klein and CFO Judy Hong provided...
Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada
Canopy Growth brings the best of California's award winning Claybourne Pre-Roll Joint brand to adult-use consumers across Canada with the launch of 'Frosted Flyers' SMITHS FALLS, ON , Nov. 20, 2024 /P...
The Top Canadian Cannabis Stocks for November 2024 Growth
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Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely
If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.
Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say
A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.
Canopy Growth Corporation (CGC) Q2 2025 Earnings Call Transcript
Canopy Growth Corporation (CGC) Q2 2025 Earnings Call Transcript
Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results
Storz & Bickel net revenue increased 32% year-over-year in Q2 FY2025 Continued growth across medical cannabis businesses, with net revenue increasing year-over-year by 16% in Canada and 12% in interna...
Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization
Amendment 3 – which would have legalized the recreational use of marijuana in the state's constitution – failed to receive the 60% support needed to pass under Florida law.
Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close
Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.
Cannabis Stocks Plummet After Legalization Bid Fails in Florida
Shares of cannabis companies fell Wednesday after a ballot measure that would have legalized recreational marijuana in Florida failed to pass.
Cannabis stocks crater as Florida fails to garner needed votes for adult use
North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.
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