Canopy Growth Corporation (CGC)
| Market Cap | 713.43M |
| Revenue (ttm) | 248.53M |
| Net Income (ttm) | -959.81M |
| Shares Out | 91.11M |
| EPS (ttm) | -15.79 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,366,327 |
| Open | 6.55 |
| Previous Close | 6.49 |
| Day's Range | 6.41 - 8.20 |
| 52-Week Range | 2.76 - 19.20 |
| Beta | 2.03 |
| Analysts | Sell |
| Price Target | 7.20 (-8.05%) |
| Earnings Date | Feb 9, 2024 |
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 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]
Full Company ProfileFinancial Performance
In 2022, Canopy Growth's revenue was 402.90 million, a decrease of -21.05% compared to the previous year's 510.32 million. Losses were -3.28 billion, 957.3% more than in 2021.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CGC stock is "Sell." The 12-month stock price forecast is $7.2, which is a decrease of -8.05% from the latest price.
News
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...
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 ...
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 ...
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...
Weed Stocks Are in the Green Again
From last summer's low, the Pure US Cannabis ETF has doubled, to a recent $10.25.
Cannabis Stocks on the Rise After Approval on Florida Ballot
Cannabis stocks rally as Florida Supreme Court approves the legalization proposal for ballot. Aurora (ACB) is up over 20% today.
Canopy Growth wins ISS support for vote to pave way for entry into U.S. cannabis market
Canopy Growth Corp.'s stock fell Monday from recent gains after Institutional Shareholder Services recommended shareholders of the cannabis company approve a measure that would clear the way for the c...
The Big Problem for Marijuana Companies? What to Do With All That Cash
Few banks will work with cannabis upstarts—but some lawmakers hope to change that this year.
INDEPENDENT PROXY ADVISOR, INSTITUTIONAL SHAREHOLDER SERVICES ("ISS"), RECOMMENDS CANOPY GROWTH SHAREHOLDERS VOTE FOR THE CREATION OF EXCHANGEABLE SHARES TO FURTHER THE ADVANCEMENT OF CANOPY USA
Shareholders are encouraged to vote well in advance of the proxy voting deadline on April 10, 2024 at 1:00 p.m. Eastern Time (Toronto time) For any questions or assistance with voting, shareholders sh...
April 2024's Green Giants: Leading Stocks in the Cannabis Sector
As April 2024 approaches, investors watch the marijuana stock market for potential momentum. The cannabis industry, especially in the U.S., has seen significant growth, driven by legislative advanceme...
It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
Canopy Growth rally continues with 28% gain after recent talk about federal cannabis reforms
Canopy Growth Corp.'s stock continued its rally on Wednesday with a fresh rise of 28% on heavier-than-usual volume.
Top Picks: Canadian Cannabis Giants Set to Flourish in Q2 2024
As we continue Q2 2024, Canadian cannabis stocks are catching investors' eyes. This interest isn't just a trend. It's backed by solid growth in the global cannabis industry. Recent stats show remarkab...
Canopy Growth: CGC stock in focus as cannabis decriminalization talks gain momentum
Canopy Growth Corporation (CGC) stock closed at $7.69 and is up $1.15 during pre-market trading. Pre-market trading tends to be more volatile due to significantly lower volume as most investors only t...
The Marijuana Stocks Could See A Rise This Week
People who have been investing in marijuana stocks could soon a big change. Now this change is more from an industry standpoint which can in turn help how marijuana stocks trade. As most publicly trad...
Pot Stocks: The Mary Jane Trade Is Lit
Cannabis stocks traded higher today as Germany approved partial legalization. Adults would be able to carry up to 25G of cannabis in public.
Canopy Growth's stock doubles to record weekly gain after Germany votes to legalize pot
Canopy Growth Corp.'s stock has now doubled for its best week ever, with an added push coming after a historic vote in Germany on Friday in favor of decriminalizing cannabis.
CANOPY GROWTH CELEBRATES PASSAGE OF CANNABIS LEGALIZATION IN GERMANY
Removal of narcotic status for cannabis expected to accelerate growth of the German medical cannabis market SMITHS FALLS, ON , March 22, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth"...
Cannabis stocks fall but hold onto big gains from the week on brighter federal reform prospects
Cannabis stocks cooled off Thursday but held onto big gains from the past week on the heels of positive comments from the Biden administration on reclassifying cannabis from a Schedule I controlled su...
Canadian Cannabis Stocks to Watch in Mid-March 2024
As we turn our attention to the Canadian cannabis sector and top marijuana stocks this week, it's hard not to notice the buzz it's creating among investors. With Canada leading the charge in legalizin...
Aurora Cannabis, Canopy Growth, Curaleaf stocks spiked: here's why
It is a good Monday for Cannabis stocks. Canopy Growth (CGC), Curaleaf (CURLF), and Aurora Cannabis (ACB) stock prices surged by more than 10% in the pre-market session.
Top Canadian Cannabis Stocks 2024: Ultimate Investment Guide
This week is shaping up to be an intriguing one for Canadian marijuana stocks, with several names catching the eyes of investors. As the industry forges ahead, these companies are emerging as ones to ...
INDEPENDENT PROXY ADVISOR, GLASS LEWIS, RECOMMENDS CANOPY GROWTH SHAREHOLDERS VOTE FOR THE CREATION OF EXCHANGEABLE SHARES TO FURTHER THE ADVANCEMENT OF CANOPY USA
Shareholders are encouraged to vote well in advance of the proxy voting deadline on April 10, 2024 at 1:00 p.m. Eastern Time (Toronto time) For any questions or assistance with voting, shareholders sh...
CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES
SMITHS FALLS, ON , March 11, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced additional details with respect to the previousl...
Cannabis stocks rise after President Biden mentions plant in State of the Union speech
Shares of both U.S. and Canadian cannabis stocks moved up on Friday after President Joe Biden mentioned the federal government's current effort to potentially reclassify the plant under federal law in...