Canopy Growth Corporation (TSX: WEED)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.11B |
| Revenue (ttm) | 344.36M |
| Net Income (ttm) | -1.21B |
| Shares Out | 84.16M |
| EPS (ttm) | -20.43 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,071,279 |
| Open | 15.10 |
| Previous Close | 14.97 |
| Day's Range | 14.52 - 15.85 |
| 52-Week Range | 3.74 - 26.00 |
| Beta | 1.85 |
| Analysts | n/a |
| Price Target | 8.10 (-45.31%) |
| Earnings Date | May 30, 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]
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 StatementsNews
What's Going On With Cannabis-Producer Akanda's Stock?
Akanda Corp. (NASDAQ: AKAN) shares are trading higher Friday amid increased volaility in marijuana stocks after President Biden announced the Department of Justice is taking the next step towards the...
Weed stocks pop as Biden backs marijuana reclassification
Cannabis stocks are rising after President Joe Biden publicly endorsed the Justice Department's recommendation to loosen restrictions on marijuana, reclassified from a Schedule I to a Schedule III dru...
Cannabis Stock Gainers And Losers From May 16, 2024
GAINERS: Flower One Hldgs (OTC: FLOOF) shares closed up 900.00% at $1e-05 Cannabix Technologies (OTC: BLOZF) shares closed up 28.41% at $0.60 Greenlane Hldgs (NASDAQ: GNLN) shares closed up 16.06% ...
Weed Industry Celebrates Biden's Rescheduling Move: 'Most Monumental Cannabis Reform In Half A Century'
Cannabis companies and legalization advocates are applauding President Joe Biden 's Thursday announcement that formalizes the rescheduling process that will finally move cannabis from the DEA's Schedu...
Canopy Gwth's Options: A Look at What the Big Money is Thinking
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...
Canopy Growth to Report Fourth Quarter and Fiscal Year 2024 Financial Results on May 30, 2024
SMITHS FALLS, ON , May 16, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the powe...
Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.
When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.
May 2024 Watchlist: Top Canadian Cannabis Stocks Heating Up the Market
As we explore the bustling Canadian cannabis market, several marijuana stocks stand out this week, warranting a closer look. These companies, thriving amid a globally expanding industry, have shown re...
Pot Stocks Going Higher In 2024?
How will rescheduling cannabis impact pot stocks? Dan Ahrens expects a domino effect of various federal level reforms to clarify medical and adult use legality.
This Is How Marijuana Stocks Will Be Impacted By Reform In 2024
As the cannabis industry continues its growth in 2024, a confluence of regulatory, demographic, and market trends is shaping the sector. This has presented a fertile ground for savvy investors. Here's...
Ready To Invest? Here Are 3 Top Marijuana Stocks For You
What will happen to marijuana stocks if cannabis does not get rescheduled? Some see this as a possibility and investors want to be prepared. With all the recent talks of cannabis being dropped from a ...
Canopy Growth on track to break six days of losing spell
A Closer Look at Canopy Gwth's Options Market Dynamics
Financial giants have made a conspicuous bearish move on Canopy Gwth. Our analysis of options history for Canopy Gwth (NASDAQ: CGC) revealed 23 unusual trades. Delving into the details, we found 39% ...
Canopy Growth advances plans to acquire Wana and Jetty
Canopy Growth exercises options to buy Wana Brands and Jetty Extracts as it moves into the U.S.
Canopy Growth Confirms Canopy USA's Exercise of Options to Acquire Wana and Jetty
SMITHS FALLS, ON , May 7, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today confirmed that Canopy USA, LLC ("Canopy USA ") has exercised ...
Canopy Growth inks $50M financing deal
What's Driving Canopy Growth Corp's Surprising 125% Stock Rally?
What's Driving Canopy Growth Corp's Surprising 125% Stock Rally?
Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) has entered into an exchange and subscription agreement with a single institutional investor under which the Ontario-based company is expected to r...
Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds
C$27.5 Millon of Debt Extended from 2025 to 2029 Providing Additional Balance Sheet Flexibility SMITHS FALLS, ON , May 3, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company...
Marijuana Stock Movers For May 1, 2024
GAINERS: Global Hemp Group (OTC: GBHPF) shares closed up 86.36% at $0.04 Pharmadrug (OTC: LMLLF) shares closed up 18.72% at $0.02 Maple Leaf Green World (OTC: MGWFF) shares closed up 17.54% at $0.0...
Why Canopy Growth, Tilray, and Cronos Group Stocks Just Cratered
Investors are taking profits on marijuana stocks today, but the long-term trend still looks up.
What's Going On With Weed Stocks Canopy Growth, Aurora Cannabis And Tilray?
Cannabis stocks Canopy Growth Corporation (NASDAQ: CGC), Aurora Cannabis, Inc. (NASDAQ: ACB) and Tilray Brands, Inc. (NASDAQ: TLRY) shares are trading lower Wednesday after soaring following report...
Canopy Growth, Caredx, CytomX Therapeutics among healthcare movers
Gainers: CytomX Therapeutics Inc (CTMX) +74%. Akanda Corp (AKAN) +55%. Palisade Bio Inc (PALI) +46%. Caredx Inc (CDNA) +27%. Transmedics Group Inc (TMDX) +23%.