Canopy Growth Corporation (CGC)
|Net Income (ttm)||-1.00B|
|Day's Range||13.24 - 13.83|
|52-Week Range||12.86 - 56.50|
|Price Target||23.26 (+74.2%)|
|Est. Earnings Date||Nov 9, 2021|
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 flowers, oils and concentrates, and softgel capsules. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, DNA Genet... [Read more...]
In 2020, Canopy Growth's revenue was 546.65 million, an increase of 37.08% compared to the previous year's 398.77 million. Losses were -1.74 billion, 32.1% more than in 2019.Financial numbers in millions CADFinancial Statements
According to 20 analysts, the average rating for Canopy Growth stock is "Hold." The 12-month stock price forecast is 23.26, which is an increase of 74.23% from the latest price.
Canopy Growth buys edibles maker Wana for $298 million
David Klein, Canopy Growth CEO, joins 'Closing Bell' to discuss the company's recent deal for Wana and what it means for Canopy Growth moving forward.
Why Canadian cannabis companies have struggled in U.S. markets
CNBC's Frank Holland joins 'Squawk Box' from Toronto to explain why shares of Canadian cannabis companies have struggled in U.S. markets. Canada legalized cannabis three years ago, making it the largest...
Today, investors in Canopy Growth and CGC stock are buying into this cannabis player heavily as the company announced a key acquisition. The post CGC Stock Alert: 7 Things to Know About the Latest Canop...
Canopy Growth Corp. (NASDAQ:CGC) shares are trading higher Thursday after the company announced that it plans to acquire Wana Brands. Canopy Growth stock was up 4.25% at $13.86 Thursday afternoon.
Another acquisition agreement shows Canadian companies are positioning for a future legal U.S. market.
Canopy Growth Corp (NASDAQ: CGC) is trading higher Thursday after the company announced that it plans to acquire Wana Brands. Wana manufactures and sells gummies in Colorado and licenses its intellectua...
Canopy Growth Corporation (TSX:WEED) (NASDAQ: CGC) acquired the right to buy Wana Brands, the number one cannabis edibles brand in the U.S. by market share, upon federal cannabis legalization. The canna...
Canada's Canopy Growth Corp said on Thursday it would buy weed gummies maker Wana Brands for $297.5 million, as the world's biggest pot producer looks to expand in the U.S. cannabis market.
Transaction Strengthens Canopy Growth's U.S. Ecosystem and Increases U.S. Cannabis Market Exposure Upon Federal Permissibility SMITHS FALLS, ON and BOULDER, Colo., Oct. 14, 2021 /PRNewswire/ - Canopy Gr...
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In July, the French alcohol maker Remy Cointreau (OTC:REMYF) sued Canopy Growth Corporation (NYSE:CGC) (TSX:WEED) for alleged trademark infringement over its CBD-infused sparkling water brand dubbed Qua...
Pennsylvania plans to become the 19th state to legalize marijuana.
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Karma Water, a company with a portfolio of wellness and probiotic water beverages, has partnered with Canopy Growth Corporation (NYSE:CGC) to develop and launch a brand of CBD beverages called Karma CBD...
PITTSFORD, N.Y., Oct. 4, 2021 /PRNewswire/ -- Today, Karma Water announced the launch of Karma CBD Water.
Optimism from Canopy Growth as well as a large investor isn't convincing analysts that company predictions will materialize.
After Thursday's approval of the Marijuana, Opportunity, Reinvestment and Expungement (MORE) Act of 2021 in a 26-15 vote in the House Judiciary Committee, BofA analyst Heather Balsky said in her most r...
Bank of America thinks Canopy Growth is the best marijuana stock -- but it downgraded it anyway.
Despite the growing movement toward legalization, cannabis stocks have been unable to catch a break. Canopy Growth Corporation (NASDAQ:CGC) may have confirmed the bottom is finally in, however.
Economist Beau Whitney is forecasting a return to normal growth for U.S. cannabis. Cannabis Cultivators, Processors & Retailers Will Face First-Ever Demand Slowdown in Q4 Massive growth in demand for ca...