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Canopy Growth Corporation

Canopy Growth Corporation (CGC)

3.60
-0.015
(-0.41%)
At close: December 08 4:00PM
3.61
0.01
( 0.28% )
After Hours: 7:46PM

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Key stats and details

Current Price
3.61
Bid
3.61
Ask
3.65
Volume
5,329,445
3.58 Day's Range 3.82
2.755 52 Week Range 14.92
Market Cap
Previous Close
3.615
Open
3.72
Last Trade Time
19:46:25
Financial Volume
$ 19,696,814
VWAP
3.6958
Average Volume (3m)
5,461,409
Shares Outstanding
102,459,089
Dividend Yield
-
PE Ratio
-0.80
Earnings Per Share (EPS)
-6.41
Revenue
343.93M
Net Profit
-657.27M

About Canopy Growth Corporation

Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow. Although it primarily operates in Canada, Canopy has distribution and production licenses ... Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow. Although it primarily operates in Canada, Canopy has distribution and production licenses in more than a dozen countries to drive expansion in global medical cannabis and also holds an option to acquire Acreage Holdings upon U.S. federal cannabis legalization. Show more

Sector
Pharmaceutical Preparations
Industry
Blank Checks
Headquarters
Ottawa, Ontario, Can
Founded
2014
Canopy Growth Corporation is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker CGC. The last closing price for Canopy Growth was $3.62. Over the last year, Canopy Growth shares have traded in a share price range of $ 2.755 to $ 14.92.

Canopy Growth currently has 102,459,089 shares outstanding. The market capitalization of Canopy Growth is $370.39 million. Canopy Growth has a price to earnings ratio (PE ratio) of -0.80.

Canopy Growth (CGC) Options Flow Summary

Overall Flow

Bearish

Net Premium

-3k

Calls / Puts

200.00%

Buys / Sells

100.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

CGC Latest News

Canopy Growth's Seasonal Essentials for Gifting, Gathering, and Unwinding

Canopy Growth's Seasonal Essentials for Gifting, Gathering, and Unwinding PR Newswire SMITHS FALLS, ON, Dec. 4, 2024 Holiday cheer starts here—elevate the season with festive flavours and...

Canopy Growth and Acreage Provide Update on Closing Timeline

Canopy Growth and Acreage Provide Update on Closing Timeline Canada NewsWire SMITHS FALLS, ON, and NEW YORK, Dec. 2, 2024 SMITHS FALLS, ON, and NEW YORK, Dec. 2, 2024 /CNW/ - Canopy Growth...

Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO

Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO Canada NewsWire SMITHS FALLS, ON, Nov. 26, 2024 An accomplished senior leader with more than 25 years of CPG experience, Mr...

Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada

Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada Canada NewsWire SMITHS FALLS, ON, Nov. 20, 2024 Canopy Growth brings the best of California's award winning Claybourne Pre-Roll...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.3-7.67263427113.913.963.461749238793.63552946CS
4-0.86-19.23937360184.474.543.461754964353.86754011CS
12-1.12-23.67864693454.735.83.461754614094.48008433CS
26-3.89-51.86666666677.58.653.461743738555.38774115CS
52-3.45-48.86685552417.0614.922.75585638147.31920973CS
156-94.99-96.338742393598.6111.9812.7551447051718.16818517CS
260-241.79-98.5289323553245.4564.9652.7551200556843.35111263CS

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CGC Discussion

View Posts
1vman 1vman 1 day ago
*****🚽WEED🚽 YESSIR !!! Shorting it high , covering it low .00001 - rinse and repeat

HUZZAH🤔 !!! NUFF SAID🤔 !!!
🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 1 day ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅$100 💹💹💹
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
doomed doomed 2 days ago
Crappy Growth is branching out. Good call!☎️
🈯️ 1 💹 1
doomed doomed 2 days ago
🦗 crickets…
Another big mouth cannabis naive pumper.
Talk is cheap.
🈯️ 1 💹 1
doomed doomed 3 days ago
Great product? What is your favorite strain?
🈯️ 1 💹 1
DNORWOOD DNORWOOD 4 days ago
This is so interesting. Big merger and more to come. Love this company. Great products and great CEO. 
🈯️ 1 💹 1 🔥 1
1vman 1vman 4 days ago
*****🚽WEED🚽 YESSIR !!! Shorting it high , covering it low .00001 - rinse and repeat

HUZZAH🤔 !!! NUFF SAID🤔 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 4 days ago
wow✅ Yes 💹 BUY low 💹sell HIGH 💹$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1 🚀 1
DNORWOOD DNORWOOD 5 days ago
Tomorrow will be a good day. Over sold. 
🈯️ 1 👍 1 💹 1 🔥 1
doomed doomed 5 days ago
Nnssr5 and Happyglass buying Crappy Growth at a penny a share, laughing and singing ´it’s a gift at a penny per shares…We will become billionaire.
🈯️ 1 💹 1
1vman 1vman 5 days ago
***** 🚽WEED🚽 🤪Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 💹 1
doomed doomed 5 days ago
You bet… we will all be billionaires.
Mar-a-la-go here we come.
🈯️ 1 💹 1
DNORWOOD DNORWOOD 5 days ago
Great ready one hour til market opens.  This is going to be great. By next Monday we will be the biggest player in the us market. Cheers. Don't forget about constilation brands and us. 
🈯️ 1 💹 1
StayHumble StayHumble 6 days ago
wow✅ Yes ✅ BUY low 💹sell HIGH ✅$100 💹💹💹
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👍 1 👎️ 1 💹 1
DNORWOOD DNORWOOD 6 days ago
The news is out. Here we go!!!!!!!
🈯️ 1 👍 1 💹 1
DNORWOOD DNORWOOD 1 week ago
Great week coming. Get ready. We are back starting Monday. Cheers. 
👍 2 💹 1 🚀 1
1vman 1vman 1 week ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 1 week ago
✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👍 1 👎️ 1 💹 1 🔥 1
1vman 1vman 1 week ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1
StayHumble StayHumble 1 week ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 2 👍 1 👎️ 1 💹 1
DNORWOOD DNORWOOD 1 week ago
We are ready to rock. Monday big meeting and big deals in December. 
🈯️ 1 💹 1
1vman 1vman 1 week ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 1 week ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
borysek borysek 1 week ago
the problem is simple ... people do not buy CGC`s products , all tricks do not work ...
🈯️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 2 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
borysek borysek 2 weeks ago
what next ? ... right now CGC is a good subject to play daily - for smart people ... a long term does not look good ...
🈯️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 2 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 2 weeks ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 2 weeks ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
doomed doomed 2 weeks ago
Bad News
Canopy Growth suffers hit, partly from edibles interruption
Published on November 22, 2024 by Pat Bulmer


Consumption of Canopy Growth products in Canada was down 44% in the latest quarter, the company revealed in a recent financial statement.

The decline was “in part due to an interruption in the supply of Wana edibles,” the cannabis company said in a news release.

Net revenue for the quarter for Canadian cannabis sales was $37 million, down 8% from the same quarter a year ago, the company said.

Internationally, the Smiths Falls, Ont. company reported a loss from continuing operations of $46 million, compared to $7 million a year ago, “with last year’s results benefitting from the sale of a facility in Smiths Falls.”

“Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) loss was $6 million, representing a 54% improvement year-over-year, “driven primarily by the realized benefit of the company’s cost savings program.”

The company reported growth in its medical cannabis businesses, with net revenue increasing year-over-year by 16% in Canada and 12% in international markets.

“We delivered a solid second quarter led by strong growth across our Storz & Bickel (vapes), Canadian medical and European cannabis businesses and we are well positioned to accelerate momentum in the second half of our fiscal year,” said Chief Executive Officer David Klein in the release. “In addition, we remain highly optimistic about the momentum building within Canopy USA as this strategy was uniquely designed to succeed independent of the need for federal legalization.”

The results of the recent US election dashed prospects for legalization. Democratic presidential hopeful Kamala Harris promised to legalize cannabis, but, of course, she lost. Florida and the two Dakotas rejected legalization in state votes.

Canopy Growth says it has several initiatives planned to boost sales:

— “The re-introduction of Wana edibles … is expected to drive growth in the edibles category.”

— “Continued efforts to elevate the quality and variety of our Tweed and 7ACRES flower and pre-roll joint product offerings.”

— “Reinvigorated performance of Tweed Kush Mintz as well as promising in-market performance of new strains Tweed Cherry Acai Mints … and 7ACRES Ultra Jack.

— “A robust new product pipeline with a particular focus on the growth categories of Vape, Pre-Roll Joints and Concentrates.”

Canopy Growth to sell Claybourne brand in Canada
Meanwhile, Canopy Growth has reached a licensing agreement to sell the California-grown Claybourne brand in Canada.

This initial launch will bring Claybourne’s Frosted Flyers Infused Pre-Rolls to Canadian consumers in five offerings — Blue Dream, Strawberry Cough, Pineapple Express, Grape Gasolina and Banana OG.

Since 2022, the pre-roll joint market in Canada has grown 94% – with infused pre-rolls now totalling 9.6% of the total recreational market, Smiths Falls, Ont-based Canopy said in a news release.

“Claybourne Frosted Flyers are one of the most successful infused pre-rolls available in the U.S. and bringing them to adult consumers across Canada is a major step forward in Canopy Growth’s innovation and commercialization strategy as we push even further into the rapidly expanding pre-roll joint category,” said Dave Paterson, Canopy’s Canadian president.

Claybourne’s pre-rolls offer higher potency and consistent flavour through the use of THC coating on the outside of the joint, additional infusion of natural terpenes and other enhancements, the release said.

At this point in the game and still selling bunk, future looks grim for Canopy.
🈯️ 1 👍️ 1 💹 1
koolmc koolmc 2 weeks ago
lool are you in highschool?
🈯️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 2 weeks ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅ $100✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
1vman 1vman 2 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 3 weeks ago
wow✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
1vman 1vman 3 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 3 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
StayHumble StayHumble 3 weeks ago
huzzah✅ Yes ✅ ✅sell HIGH ✅$100 ✅ ✅ ✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
1vman 1vman 3 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH🤪 !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 3 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
1vman 1vman 3 weeks ago
*****Wowzah !🟥 Yes 🟥 BUY high 🟥cover low 🟥.000001🟥🟥

ENOUGH SAID ? NA ! HUZZAH !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 3 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
doomed doomed 3 weeks ago
🦗 crickets 🦗
🈯️ 1 💹 1
1vman 1vman 3 weeks ago
***** 🚽WEED🚽 Short high !!! cover low !!! .0001

Rinse and repeat

ENOUGH SAID HUZZAH !!!
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 💹 1
StayHumble StayHumble 4 weeks ago
huzzah✅ Yes ✅ BUY low ✅sell HIGH ✅$100 ✅✅✅✅
🀄️ 1 🃏 1 🅰️ 1 🈯️ 1 👅 1 👎️ 1 💹 1
borysek borysek 4 weeks ago
so nice ....
🈯️ 1 💹 1

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