CGC

Canopy Growth

2.78 USD
+0.25
9.88%
At close Feb 6, 4:00 PM EST
Pre-market
2.90
+0.12
4.32%
1 day
9.88%
5 days
32.38%
1 month
-4.79%
3 months
-36.96%
6 months
-56.63%
Year to date
-3.47%
1 year
-39.57%
5 years
-98.69%
10 years
-99.01%
 

About: Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Employees: 1,029

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

321% more call options, than puts

Call options by funds: $96.9M | Put options by funds: $23M

0.38% less ownership

Funds ownership: 9.45% [Q2] → 9.08% (-0.38%) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 43

6% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 33

4% less funds holding

Funds holding: 226 [Q2] → 218 (-8) [Q3]

8% less capital invested

Capital invested by funds: $46.3M [Q2] → $42.8M (-$3.57M) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for CGC.

Financial journalist opinion

Based on 12 articles about CGC published over the past 30 days

Negative
Seeking Alpha
18 hours ago
Canopy Growth: Still A Disaster Heading Into Fiscal Q3 Results
Canopy Growth Corporation is likely to report weak financials when reporting FQ3 results on February 7. The company struggles with low gross margins of 35% and continues to burn cash, while a peer's results support strong growth in the international medical cannabis business. The recent acquisitions of Acreage Holdings and Wana Brands may boost revenue, but the profit picture remains bleak, with a new CEO likely to restructure the business.
Canopy Growth: Still A Disaster Heading Into Fiscal Q3 Results
Positive
Market Watch
1 day ago
Cannabis stocks climb on RFK Jr. approval, Senate marijuana-banking hearing
Cannabis stocks tend to move on speculation around potential federal reforms around pot.
Cannabis stocks climb on RFK Jr. approval, Senate marijuana-banking hearing
Neutral
Zacks Investment Research
3 days ago
Canopy Growth Corporation (CGC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Canopy Growth Corporation (CGC) closed at $1.97, marking a -1.01% move from the previous day.
Canopy Growth Corporation (CGC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Positive
MarijuanaStocks
4 days ago
Canadian Cannabis Market Update: Best Stocks to Track in February 2025
The U.S. cannabis industry is experiencing significant growth, presenting opportunities for investors eyeing Canadian cannabis stocks in February 2025. In 2024, the industry generated approximately $40 billion in sales, with projections indicating a rise to nearly $58 billion by 2030. This upward trend is fueled by increasing legalization and consumer acceptance across various states. Notably, New York's legal cannabis market has expanded rapidly, with retail sales reaching $1 billion in 2024. Such developments underscore the sector's robust potential.
Canadian Cannabis Market Update: Best Stocks to Track in February 2025
Positive
MarijuanaStocks
1 week ago
Top Canadian Cannabis Stocks in 2025: What to Watch in January
The Canadian cannabis industry has established itself as a major player in the global market, particularly with its strategic U.S. expansions. As of 2025, the U.S. cannabis industry is valued at approximately $32 billion, with projections of reaching $57 billion by 2030. Recent news about federal legalization prospects, including discussions on banking reform and the SAFE Banking Act, has created optimism. Canadian companies closely monitor these developments, aiming to capitalize on potential U.S. market opportunities. This week, top Canadian cannabis stocks, including Tilray, Canopy Growth, and Village Farms, present intriguing prospects due to their diversified operations and growth strategies.
Top Canadian Cannabis Stocks in 2025: What to Watch in January
Neutral
Zacks Investment Research
1 week ago
Canopy Growth Corporation (CGC) Rises As Market Takes a Dip: Key Facts
Canopy Growth Corporation (CGC) closed at $2.22 in the latest trading session, marking a +0.91% move from the prior day.
Canopy Growth Corporation (CGC) Rises As Market Takes a Dip: Key Facts
Neutral
PRNewsWire
1 week ago
Canopy Growth to Report Third Quarter Fiscal 2025 Financial Results on February 7, 2025
SMITHS FALLS, ON , Jan. 24, 2025 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the third quarter fiscal year 2025 ended December 31, 2024 before financial markets open on February 7, 2025. Following the release of its third quarter fiscal year 2025 financial results, Canopy Growth will host an audio webcast with Luc Mongeau, CEO and Judy Hong, CFO on February 7 at 10 AM Eastern Time (ET).
Canopy Growth to Report Third Quarter Fiscal 2025 Financial Results on February 7, 2025
Positive
Zacks Investment Research
2 weeks ago
Here is What to Know Beyond Why Canopy Growth Corporation (CGC) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Canopy Growth (CGC). This makes it worthwhile to examine what the stock has in store.
Here is What to Know Beyond Why Canopy Growth Corporation (CGC) is a Trending Stock
Positive
MarijuanaStocks
2 weeks ago
Canadian Marijuana Stocks To Watch To Close Out The Week
Marijuana stock investing in 2025 may be easier than you think. With a new year just getting started volatility could change to upward momentum. As 2025 is underway the chances to vote on bills and change the cannabis industry are upon us in the USA. In addition to other global regions looking to enter the space. What initially makes it easier is currently the sector is currently trading at low entry points.
Canadian Marijuana Stocks To Watch To Close Out The Week
Negative
Zacks Investment Research
3 weeks ago
Canopy Growth Corporation (CGC) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, Canopy Growth Corporation (CGC) closed at $2.21, indicating a -0.45% shift from the previous trading day.
Canopy Growth Corporation (CGC) Stock Falls Amid Market Uptick: What Investors Need to Know
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