U.S. Markets open in 9 hrs 1 min

Canopy Growth Corporation (CGC)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
16.04+0.30 (+1.91%)
At close: 4:00PM EDT
Sign in to post a message.
  • M
    Malcolm Kyle
    Today, the Vermont Senate cast a final vote (23-6) in favor of S. 54 — legislation that would legalize, regulate, and tax cannabis sales.

    https://headyvermont.com/2020/09/22/vermont-senate-approves-bill-to-regulate-and-tax-cannabis-sales/
    From our friends at Marijuana Policy Project. MONTPELIER — Today, the Vermont Senate cast a final vote (23-6) in favor of S. 54 — legislation that would legalize, regulate, and tax cannabis sales. Las
    From our friends at Marijuana Policy Project. MONTPELIER — Today, the Vermont Senate cast a final vote (23-6) in favor of S. 54 — legislation that would legalize, regulate, and tax cannabis sales. Las
    headyvermont.com
  • J
    Joe
    Aurora just announced their earnings and forecast and Aurora has slipped from its top position in Canadian consumer of marijuana products and Canopy Growth Corporation is taking Aurora business. Canopy Growth is leveraging their capabilities in science and product innovation which resulted in an earnings beat above consensus (Q1 ending 06/2020) of 51.67%. CFRA RAISES OPINION ON CANOPY GROWTH CORPORATION TO STRONG BUY FROM BUY and maintains their 12-month price target of C$35.
  • j
    jay
    Sorry just a question on Acb earnings, what am I missing:
    Cgc already reported for pe 20200630 and is same period Acb is reporting. That being said why would anything Acb reports have any relevance on cgc? Cgc already had increased sales.
  • M
    Malcolm Kyle
    If New Jersey passes an initiative to legalize recreational use this November, then Connecticut, New York, Pennsylvania and Rhode Island could follow shortly after. That’s because states have an added incentive amid the pandemic to prevent cannabis users from crossing state lines and potentially spreading Covid-19.

    https://www.bloomberg.com/news/articles/2020-09-20/new-jersey-in-focus-after-congress-delays-bill-cannabis-weekly
    New Jersey in Focus After Congress Delays Bill: Cannabis Weekly
    www.bloomberg.com
  • S
    Shaker & Mover
    Retail sales of adult-use cannabis in Canada grew yet again in July, increasing by 15.2% over June's record to another high of 231.6 million Canadian dollars ($175.6 million).
    Retail sales of adult-use cannabis in Canada grew yet again in July, increasing by 15.2% over June's record to another high of 231.6 million Canadian dollars ($175.6 million).
    mjbizdaily.com
  • V
    Vahe
    "Prohibition Partners’ fourth European Cannabis Report, published in 2019, projected a probability between 60% and 70% of the EU as a whole legalising medical and adult use cannabis by 2023. If this is the case, the report states, Europe’s cannabis market would be worth $136bn by 2028."
    Canopy is currently the leader in terms of market share in Germany, the future looks bright don't you think?

    https://www.healtheuropa.eu/can-europe-learn-from-germanys-approach-to-cannabis/99561/
    Exploring regulation and policy in Germany, the world’s third largest legal cannabis market outside North America.
    Exploring regulation and policy in Germany, the world’s third largest legal cannabis market outside North America.
    www.healtheuropa.eu
  • M
    MR
    NEW YORK, Sept. 16, 2020 — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced that, at a special meeting of Acreage shareholders (the “Shareholders”) held on September 16, 2020 (the “Special Meeting”), the Shareholders voted in favor of a special resolution (the “Arrangement Resolution”) authorizing and approving (i) the amended arrangement (the “Amended Arrangement”) under section 288 of the Business Corporations Act (British Columbia) between Acreage and Canopy Growth Corporation (“Canopy Growth”), (ii) the amending agreement (the “Amending Agreement”) which, among other things, provides for certain amendments to the arrangement agreement between Acreage and Canopy Growth dated April 18, 2019, as amended on May 15, 2019 (the “Arrangement Agreement”), (iii) the amended and restated plan of arrangement Acreage, and (iv) the second amended and restated omnibus equity incentive plan (the “Amended and Restated Omnibus Equity Incentive Plan”).
  • l
    luke
    Canadian monthly sales jump another 30 million. 300 million a month may be only 2 or 3 months away. Finally we are seeing the potential in the Canadian cannabis industry.
  • T
    Tom
    People are in for a huge shock this earnings. CGC are really turning the corner now. The repositioning of the value brands and the launch of the bevs are whats driving growth. Thats without even thinking about Martha Stewart and other CBD launches... Exciting times GLTA
  • b
    bellbell63
    Recreational MJ on NJ ballot this Nov. If it passes will put pressure on NY legislature to do the same so as not to lose tax revenue. l
  • S
    Sharon
    Hello everyone. HERE I sit in Smith's Falls watching the trucks loading up and getting on their way. Lived here for 30 years never seen anything like it. Hold onto your shares we are in for a ride ourselves.
  • c
    compound knowledge
    In b.c. I notice a lot of bc cannibis stores open now. I imagine the rest of canada is getting a lot of new cannabis stores opening. This should help the bottom line shouldn’t it.
  • b
    bominireal123
    Canopy Rivers Inc. (TSX: RIV) (Pink: CNPOF) agreed to provide up to $7.2 million in DIP (debtor-in-possession) financing to Ontario-based PharmHouseto support its operations through the restructuring.

    Canopy Rivers owns a 49% stake in PharmHouse as part of a joint venture.
  • M
    Malcolm Kyle
    A nearly double-digit increase in cannabis consumption and a massive, lasting uptick in those turning to cannabis delivery services to deal with sleep issues and rising anxieties. The future is ours!

    https://www.forbes.com/sites/irisdorbian/2020/09/18/cannabis-consumption-surges-during-pandemic-as-sleep-issues-and-anxieties-mount-says-new-poll/
    Since the onset of the COVID-19 pandemic, there has been a nearly double-digit increase in cannabis consumption among users as well as a "massive, lasting uptick" in consumers turning to cannabis delivery services to deal with sleep issues and rising
    Since the onset of the COVID-19 pandemic, there has been a nearly double-digit increase in cannabis consumption among users as well as a "massive, lasting uptick" in consumers turning to cannabis delivery services to deal with sleep issues and rising
    www.forbes.com
  • M
    Malcolm Kyle
    In Town&Country (a lifestyle magazine for people who have far too much money) Martha has been diligently promoting her/our CBD products:

    “The thing that really helps me are the oil drops that I have at night, before bed. I just put a couple droppers of the blood orange or Meyer lemon under my tongue," she said. "Not a drop, half a dropper — it’s nothing."

    https://www.townandcountrymag.com/leisure/arts-and-culture/a34056786/martha-stewart-cbd-products/
    Yes, Snoop Dogg is involved.
    Yes, Snoop Dogg is involved.
    www.townandcountrymag.com
  • M
    Manik
    By the end of year this will be around 30 $. I bet. Drinks have high demand and good margin. Also eps improving...
    Bullish
  • J
    Johny
    Spain legalization coming ................
  • M
    Malcolm Kyle
    New Zealanders are learning the negative effects of prohibition:

    "It is also worth noting that most people who use synthetic cannabis have reported they prefer to use natural cannabis, and consequently greater legal access to cannabis could be considered. Countries with more liberal cannabis laws are less likely to report synthetic cannabinoid use and related deaths."
    — Professor Chris Wilkins, a drug researcher from Massey University

    “One of the downsides of banning natural cannabis was the emergence of highly potent and dangerous synthetic alternatives.”
    —Doug Sellman, professor of Psychiatry and Addiction Medicine at the University of Otago

    https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12366946
    Health teams extremely alarmed to see a deadly synthetic cannabis hit our shores again.
    Health teams extremely alarmed to see a deadly synthetic cannabis hit our shores again.
    www.nzherald.co.nz
  • H
    Hung
    Love how it sits at a low price. Gives me time to work, save, and buy More. If it was $27 today. I would still buy it at that price. Loving the Accumulation time. I have pick many winning stocks. And many times, I do not have enough money, yet to buy the amount I like. This is a blessing. Don't move until I have more funds!
    Bullish