Canopy Growth Corporation (TSX: WEED)

Canada flag Canada · Delayed Price · Currency is CAD
11.59
-0.19 (-1.61%)
May 31, 2024, 4:00 PM EDT
1.67%
Market Cap 883.13M
Revenue (ttm) 344.36M
Net Income (ttm) -1.21B
Shares Out 76.20M
EPS (ttm) -20.43
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,188,217
Open 11.84
Previous Close 11.78
Day's Range 11.40 - 11.99
52-Week Range 3.74 - 26.00
Beta 1.85
Analysts n/a
Price Target 8.08 (-30.28%)
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]

Sector Healthcare
CEO David Eric Klein
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol WEED
Full Company Profile

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 Statements

News

Canopy Growth (CGC) Q4 2024 Earnings Call Transcript

CGC earnings call for the period ending March 31, 2024.

1 day ago - The Motley Fool

Canopy Growth Corporation (CGC) Q4 2024 Earnings Call Transcript

Canopy Growth Corporation (NASDAQ:NASDAQ:CGC) Q4 2024 Results Conference Call May 30, 2024 10:00 AM ETCompany ParticipantsTyler Burns - Director, IRDavid...

1 day ago - Seeking Alpha

What's Going On With Canopy Growth Stock After Earnings?

Canopy Growth Corporation shares are trading higher Thursday after ... Full story available on Benzinga.com

1 day ago - Benzinga

Canopy Growth Reports 7% YoY Increase In Q4 Net Revenue, Continues Focus On Innovation In Canada And International Expansion

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced its financial results on Thursday for the fourth quarter and fiscal year ended March 31, 2024. Fourth quarter net revenue for the compan...

1 day ago - Benzinga

Canopy Growth Corp (CGC) Q4 FY2024 Earnings: Revenue Beats Estimates with 7% YoY Increase, ...

Canopy Growth Corp (CGC) Q4 FY2024 Earnings: Revenue Beats Estimates with 7% YoY Increase, Significant Cost Reductions Achieved

1 day ago - GuruFocus

Canopy Growth GAAP EPS of -C$1.06, revenue of C$72.79M

Canopy Growth press release (CGC): Q4 GAAP EPS of -C$1.06. Revenue of C$72.79M (+6.7% Y/Y). Adjusted EBITDA loss was C$59M in FY2024. Cash, cash equivalents, and short-term investments

1 day ago - Seeking Alpha

Canopy Growth Reports Fourth Quarter and Fiscal Year 2024 Financial Results; Q4 FY2024 Net Revenue increased 7% year-over-year, or 16% excluding divested businesses

Storz & Bickel® delivered its best Q4 revenue quarter, with net revenue increasing 43% as compared to Q4 2023 Canada medical cannabis net revenue increased 16% in Q4 FY2024 and 10% in FY2024 year-over...

1 day ago - PRNewsWire

Canopy Growth Q4 Earnings Preview: Flat results expected this quarter as market evolves

Canopy Growth (CGC) is set to announce Q4 earnings with analysts expecting a loss of $0.23 per share on revenue of $53.24M.

2 days ago - Seeking Alpha

What the Options Market Tells Us About Canopy Gwth

Financial giants have made a conspicuous bullish move on Canopy Gwth. Our analysis of options history for Canopy Gwth (NASDAQ: CGC) revealed 10 unusual trades. Delving into the details, we found 60% ...

7 days ago - Benzinga

Best Canadian Cannabis Stocks to Watch Right Now

As Memorial Day weekend approaches, investors are eyeing top Canadian marijuana stocks. These stocks have shown potential for significant growth. The global cannabis industry is expected to be worth o...

10 days ago - MarijuanaStocks

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...

14 days ago - Benzinga

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...

15 days ago - Yahoo Finance

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% ...

15 days ago - Benzinga

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...

15 days ago - Benzinga

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...

15 days ago - 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...

15 days ago - PRNewsWire

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.

16 days ago - Market Watch

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...

17 days ago - MarijuanaStocks

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.

18 days ago - Schwab Network

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...

20 days ago - MarijuanaStocks

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 ...

21 days ago - MarijuanaStocks

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% ...

23 days ago - Benzinga