U.S. markets open in 7 hours 22 minutes
  • S&P Futures

    4,390.50
    -31.25 (-0.71%)
     
  • Dow Futures

    34,143.00
    -319.00 (-0.93%)
     
  • Nasdaq Futures

    15,249.50
    -76.50 (-0.50%)
     
  • Russell 2000 Futures

    2,204.70
    -23.60 (-1.06%)
     
  • Crude Oil

    71.52
    -0.45 (-0.63%)
     
  • Gold

    1,751.10
    -0.30 (-0.02%)
     
  • Silver

    22.33
    -0.00 (-0.01%)
     
  • EUR/USD

    1.1721
    -0.0011 (-0.09%)
     
  • 10-Yr Bond

    1.3700
    0.0000 (0.00%)
     
  • Vix

    20.81
    +2.12 (+11.34%)
     
  • GBP/USD

    1.3703
    -0.0034 (-0.25%)
     
  • USD/JPY

    109.8840
    -0.0110 (-0.01%)
     
  • BTC-USD

    45,759.76
    -2,314.83 (-4.82%)
     
  • CMC Crypto 200

    1,143.82
    -81.71 (-6.67%)
     
  • FTSE 100

    6,963.64
    -63.84 (-0.91%)
     
  • Nikkei 225

    30,500.05
    +176.75 (+0.58%)
     

Where Will Canopy Growth Be in 1 Year?

·4 min read
Where Will Canopy Growth Be in 1 Year?

Canopy Growth (NASDAQ: CGC) was once the king of marijuana producers in Canada. During its 2021 fiscal year (ended March 31), Canopy Growth's revenue was up 37% year over year to CA$546.6 million. A big reason behind Canopy Growth's woes is its focus on cannabis 2.0 products like edibles, vapes, beverages, etc., instead of dried cannabis with high THC (tetrahydrocannabinol, the chemical in cannabis that gets users "high").