Canopy Growth Corp
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Health Care : Pharmaceuticals | Mid Cap Growth
Based in Canada
Company profile

Canopy Growth Corporation is a Canada-based diversified cannabis, hemp, and cannabis device company, which offers a diverse range of cannabis and hemp-based products and other consumer products for both recreational and medical purposes under a portfolio of distinct brands in Canada. The Company operates through two segments: Global Cannabis and Other Consumer Products. The Global Cannabis segment encompasses the production, distribution and sale of a diverse range of cannabis and cannabinoid-based consumer products in Canada and internationally pursuant to applicable international and domestic legislation, regulations and permits. The Other Consumer Products segment comprises the production, distribution and sale of consumer products, including Storz & Bickel vaporizers; This Works beauty, skincare, wellness and sleep products; BioSteel sports nutrition beverages, mixes, protein, gum and mints; and other revenue sources.

Price
Delayed
$7.94
Day's Change
-0.46 (-5.48%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.30
Day's Low
7.82
Volume
(Average)

Today's volume of 5,026,925 shares is on pace to be in-line with CGC's 10-day average volume of 6,744,497 shares.

5,026,925

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4 providers
January 11, 2022
Cannabis state tax revenue tops $10 billion from legal sales

By Steve Gelsi Tax revenue may motivate other states to legalize cannabis. Sales taxes collected by states with legal cannabis programs totaled $10.4 billion as of December since the adult use market launched in 2014 in Colorado and...(MarketWatch)

January 10, 2022
Cronos Group Inc. Stock Outperforms Market On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights. Shares of Cronos Group Inc. (CRON.T) rose 1.54% to $3.96 Monday, on what proved to be an all-around mixed trading session for the stock...(MarketWatch)

January 06, 2022
Canopy Growth Corporation (CGC) Dips More Than Broader Markets: What You Should Know

Canopy Growth Corporation (CGC) closed the most recent trading day at $8.21, moving -1.91% from the previous trading session.(Zacks)

Tilray expected to grow sales sequentially but remain in the red

By Steve Gelsi Tilray grows its top line even as it faces a potential loss in the quarter Tilray Inc. will likely grow its sales over the previous quarter but it's expected to post a net loss when it becomes the first major cannabis...(MarketWatch)

Constellation Brands net income falls but sales beat estimate

Constellation Brands (STZ) on Thursday said its third-quarter net income fell to $470.8 million, or $2.48 per Class A common share from $1.28 billion, or $6.68 a share in the year-ago period. Adjusted earnings were $3.12 a share. Third-quarter...(MarketWatch)

December 21, 2021
Investors in cannabis companies burned by stock-market losses in 2021 even as the pot business grows

By Steve Gelsi Big federal moves on cannabis remain unlikely in 2022 even as more states go legal Cannabis companies look toward 2022 with plans to expand their businesses to legal markets in more states despite an expected lack of...(MarketWatch)

December 15, 2021
Canopy Growth Corp sells German unit to Dermapharm Holding SE

Canopy Growth Corp. (WEED.T) said Wednesday it agreed to sell its Cannabinoid Compound Company GmbH (C3) to Dermapharm Holding SE for up to 122.6 million euros ($138 million). Canopy Growth said the transaction will reduce its short-term...(MarketWatch)

December 07, 2021
Wells Fargo launches coverage of four cannabis stocks

By Steve Gelsi Scotts Miracle-Gro gets overweight rating as Wells Fargo launches coverage of four cannabis stocks. Wells Fargo analyst Chris Carey on Thursday initiated coverage of four cannabis stocks, with Scotts Miracle-Gro Co...(MarketWatch)

December 01, 2021
Global X Cannabis ETF hits lowest point since March 2020

The Global X Cannabis ETF (POTX) fell 1.6% to $7.16 in afternoon trades Wednesday to its lowest point since March 2020. The ETF debuted near $24 in 2019 and closed at a low of $6.74 on March 18, 2020. "Cannabis stocks have been weak in...(MarketWatch)

November 19, 2021
Canopy Growth names interim CFO and launches search for two key executives

Canopy Growth Corp. (WEED.T) on Friday named Judy Hong as interim chief financial officer and Tara Rozalowsky as interim chief product officer and launched an external search for both roles. Mike Lee, executive vice president and CFO and chief...(MarketWatch)

Canada's cannabis companies cut 6,000 jobs during COVID-19 pandemic

By Steve Gelsi Oversupply and the COVID-19 lockdown led to layoffs in the Canadian cannabis sector, MJBizDaily study stays. Canadian cannabis companies laid off about 6,000 people -- or about 30% of their collective workforce -- as...(MarketWatch)

November 18, 2021
Poseidon launches new cannabis ETF on the NYSE

By Steve Gelsi Longtime cannabis investors Morgan and Emily Paxhia will manage fund with up to 1.5 times leverage for stock investments. Longtime cannabis investor Poseidon Investment Management on Wednesday launched an actively...(MarketWatch)

November 09, 2021
Canopy Growth stock price target cut to C$28 from C$51 at MKM Partners

(END) Dow Jones Newswires November 09, 2021 06:00 ET (11:00 GMT) (MarketWatch)

November 08, 2021
Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban

By Steve Gelsi Cannabis stock get some positive news for a change on talk of deal-making and a Republican-backed bill aimed at legalization Cannabis stocks posted big gains Monday amid optimism about M&A and federal legalization...(MarketWatch)

November 05, 2021
Canopy Growth shares fizzle on Canadian cannabis market woes

By Steve Gelsi Stock falls to levels last seen in early 2020, even after posting a narrower-than-expected loss Canopy Growth Corp. shares fell sharply on Friday to their lowest levels since early 2020, after the cannabis company said...(MarketWatch)

Canopy Growth narrows loss but flags Canadian cannabis market challenges

Canopy Growth Corp. (WEED.T) said Friday its second-quarter loss narrowed to C$11.06 million, or C3 cents a share, from C$32.06 million, or C9 cents a share in the year-ago period. Revenue fell to C$145.6 million from C$150.8 million. The...(MarketWatch)

Canopy Growth Q3 revenue C$145.6 mln vs. C$150.8 mln a year ago; FactSet consensus C$139.5 mln

(END) Dow Jones Newswires November 05, 2021 07:06 ET (11:06 GMT) (MarketWatch)

Canopy Growth Q3 FactSet per-share loss consensus C$0.20

(END) Dow Jones Newswires November 05, 2021 07:05 ET (11:05 GMT) (MarketWatch)

Canopy Growth per-share loss C$0.03 vs. loss C$0.09 a year ago

(END) Dow Jones Newswires November 05, 2021 07:05 ET (11:05 GMT) (MarketWatch)

November 01, 2021
Ex-banker Tej Virk wants to be an 'agent of change' in medical cannabis as CEO of startup Akanda

Steve Gelsi Akanda will soon become an independent company after its birth as a unit of Halo Tej Virk's journey into the cannabis business began when he met former Canopy Growth CEO Bruce Linton just a few years ago.At the time, Virk...(MarketWatch)

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