WEED.TO - Canopy Growth Corporation

Toronto - Toronto Delayed Price. Currency in CAD
73.75
+8.85 (+13.64%)
At close: 4:47PM EDT
Stock chart is not supported by your current browser
Previous Close64.90
Open65.66
Bid73.75 x 0
Ask73.90 x 0
Day's Range65.53 - 74.00
52 Week Range11.71 - 74.45
Volume7,647,700
Avg. Volume6,374,604
Market Cap16.97B
Beta (3Y Monthly)2.04
PE Ratio (TTM)N/A
EPS (TTM)-0.76
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est62.39
  • TheStreet.com5 hours ago

    Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

    Constellation Brands COO and Canopy Growth's CEO sit down for a conversation with Jim Cramer about the future of cannabis.

  • Media Advisory - Canopy Growth marks the end of prohibition in Canada
    CNW Group6 hours ago

    Media Advisory - Canopy Growth marks the end of prohibition in Canada

    SMITHS FALLS, ON , Oct. 15, 2018 /CNW/ - As we enter a new chapter in Canadian history, we would like to invite you to join us as we celebrate this moment from coast to coast. As a company of firsts, it only seemed right that we begin October 17 th in St. John's, Newfoundland , one of the oldest cities in North America , and the first to see the sunrise. Bruce Linton , Canopy Growth's founder and Co-CEO and Mark Zekulin , Canopy Growth President and Co-CEO, will be in St. John's to open our first Tweed-branded brick-and-mortar retail store.

  • CNW Group8 hours ago

    Canopy Growth to Announce Second Quarter Fiscal 2019 Financial Results

    Canopy Growth to Announce Second Quarter Fiscal 2019 Financial Results

  • Why Marijuana Stocks Cronos Group, Canopy Growth, and Tilray Jumped Today
    Motley Fool8 hours ago

    Why Marijuana Stocks Cronos Group, Canopy Growth, and Tilray Jumped Today

    Find out why cannabis investors were excited today.

  • Why Marijuana Stocks Canopy Growth, Cronos Group, and Tilray Crushed It Today
    Motley Fool8 hours ago

    Why Marijuana Stocks Canopy Growth, Cronos Group, and Tilray Crushed It Today

    Excitement is mounting for the opening of Canada's recreational marijuana market on Wednesday.

  • Marijuana stocks to watch: Canopy Growth is the cannabis business’s $4 billion gorilla
    MarketWatch9 hours ago

    Marijuana stocks to watch: Canopy Growth is the cannabis business’s $4 billion gorilla

    Smith Falls, Ontario–based Canopy Growth Corp. made headlines and drove cannabis stocks to new heights over the summer, after it announced that Corona beer-maker Constellation Brands Inc. was going to invest an additional $4 billion in the company.

  • Benzinga11 hours ago

    Canopy Growth Buys A Colorado-Based Hemp Research Company

    Canopy Growth on Monday announced it has entered into an agreement to acquire the assets of ebbu, Inc., a leader in hemp research. Canopy Growth will pay C$25 million in cash, as well as issue over 6 million common shares to ebbu. Ebbu’s intellectual property and company advancements apply directly to Canopy Growth’s several capabilities, according to the press release.

  • CNBC12 hours ago

    Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better

    Marijuana stocks rally after one of Canada's biggest cannabis companies announces it has agreed to acquire a U.S.-based hemp company. Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company. Canopy Growth CGC-CA told investors its purchase of Evergreen, Colorado-based ebbu will "complement and accelerate" its ambitions to expand into new types of consumer products.

  • ACCESSWIRE13 hours ago

    3 Stocks That Could Be Set For New Highs This Week

    CORAL GABLES, FL / ACCESSWIRE / October 15, 2018 / Two-thirds of the country is now in support of recreational cannabislegalization and polls continue to show backing for medical use at levels far above 80%. With a positive outlook, investors focus attention on several marijuanastocks this week especially in consideration of Canada's big push to become only the second country in the world to legalizerecreational marijuana on a national scale. IntegratedCannabis Company (ICNAF) (ICAN) announced earlier this month that it had entered into a retail focused collaboration with New Age Farm, Inc. to deliver CBD education and innovative CBD products to the Colorado market this Fall.

  • 3 Marijuana Stocks to Buy in October
    Motley Fool13 hours ago

    3 Marijuana Stocks to Buy in October

    Two big players in the cannabis industry and one up-and-comer look like great picks.

  • TheStreet.com14 hours ago

    Canopy Growth to Buy Pot Research Company Ebbu in $19.2 Million Deal

    said Monday, Oct. 15, it reached an agreement to buy the assets of Ebbu Inc., a Colorado-based medicinal marijuana research company, for roughly $19.2 million (C$25 million) in cash and 6.2 million shares. The deal, which could include an additional $77.7 million in cash and shares within two years if certain goals are met, would help expand Canopy's business of branding cannabis and hemp softgels, oils and other products, said Canopy in a statement. Canopy would gain Ebbu's intellectual property and research and development know-how, as well as potentially advance its own genetic breeding program for cannabis and further its drink development efforts.

  • Benzinga14 hours ago

    A Watershed Marijuana Event: Canopy Growth Makes The First Legal Export From Canada To US

    Canopy shipped cannabis from Canada to the U.S. for medical research with the full knowledge of the U.S. government and approval from the Drug Enforcement Agency. Canopy's partner on the American side has yet to be announced but can now conduct medical research and has permission to conduct clinical trials, Canopy Growth CEO Bruce Linton told CNBC's Jim Cramer Friday.

  • TheStreet.com15 hours ago

    Canopy Growth Is Poised to Explode to the Upside

    In this daily bar chart of CGC, below, we can see that prices are up five-fold over the past 12 months. CGC was trading at $10 back last October and now is trading around $50 with spikes above $55 last month. CGC is currently above the rising 50-day moving average line and the bullish 200-day line.

  • Cannabis Sector Ended in the Green amid Last Week’s Sell-Off
    Market Realist17 hours ago

    Cannabis Sector Ended in the Green amid Last Week’s Sell-Off

    Last week, the overall cannabis sector ended in positive territory. The Horizons Marijuana Life Sciences ETF (HMMJ) rose 3.1% between October 5 and October 12. The Emerging Marijuana Growers Index ETF (HMJR) rose 2.2% during the same period. Let’s look at how the cannabis stocks performed last week.

  • MarketWatch17 hours ago

    Canopy Growth to acquire IP and other assets of Colorado-based hemp company Ebbu

    Canadian pot company Canopy Growth Corp. said Monday it has agreed to acquire the assets of Colorado-based Ebbu Inc., a hemp research company, for CAD25 million plus 6.2 million shares. The deal will "complement and accelerate multiple core verticals operating under Canopy Growth's group of companies," Canopy said in a statement. Canopy will take over IP and research and development conducted by Ebbu for its hemp and THC-rich cannabis genetic breeding program and its cannabis-infused beverage capabilities. The company is expecting to cut the cost of CBD production using Ebbu's IP. The news comes just two days before Canada fully legalizes cannabis on Oct. 17. The deal is expected to close in November, subject to regulatory approvals by the TSE and NYSE. Shares rose 2.8% premarket and have gained 110.5% in 2018, while the S&P 500 has gained 3.5%.

  • CNW Group18 hours ago

    Canopy Growth to Acquire Assets of Colorado-Based Hemp Innovator Ebbu

    SMITHS FALLS, ON , Oct. 15, 2018 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (WEED.TO) (CGC) today announced that it has entered into an agreement to acquire the assets of ebbu, Inc. ("ebbu"), an Evergreen, Colorado -based hemp research leader. The transaction will complement and accelerate multiple core verticals operating under Canopy Growth's group of companies. Intellectual Property ("IP") and R&D advancements achieved by ebbu's team apply directly to Canopy Growth's hemp and THC-rich cannabis genetic breeding program and its cannabis-infused beverage capabilities.

  • PR Newswire18 hours ago

    Canopy Growth to Acquire Assets of Colorado-Based Hemp Innovator Ebbu

    SMITHS FALLS, ON, Oct. 15, 2018 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (WEED.TO) (CGC) today announced that it has entered into an agreement to acquire the assets of ebbu, Inc. ("ebbu"), an Evergreen, Colorado-based hemp research leader. The transaction will complement and accelerate multiple core verticals operating under Canopy Growth's group of companies. Intellectual Property ("IP") and R&D advancements achieved by ebbu's team apply directly to Canopy Growth's hemp and THC-rich cannabis genetic breeding program and its cannabis-infused beverage capabilities.

  • GlobeNewswire19 hours ago

    Canopy Rivers Announces Significant Contract Manufacturing Agreement Between Portfolio Partners PharmHouse and TerrAscend

    Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) is pleased to announce PharmHouse Inc. (“PharmHouse”), has entered into an offtake agreement (the “Agreement”) to supply TerrAscend Canada Inc. (“TerrAscend Canada”), a wholly-owned subsidiary of TerrAscend Corp. (“TerrAscend”) (CSE:TER),  with cannabis products from 20% of the flowering space at its 1.3 million square foot greenhouse facility until December 31, 2021. Both PharmHouse and TerrAscend are substantial pillars in the Canopy Rivers’ investment portfolio, and this Agreement represents a de-risking milestone for each company.  Leveraging the anticipated throughput and low cost of production from the PharmHouse facility positions TerrAscend Canada with a sizeable source of dried flower and trim for packaging, processing, and distribution throughout the TerrAscend logistics platform without the need for considerable capital expenditures.

  • Better Buy: Aphria Inc. vs. Constellation Brands, Inc.
    Motley Fool2 days ago

    Better Buy: Aphria Inc. vs. Constellation Brands, Inc.

    It's cannabis going up against Corona (with some cannabis thrown into the mix) in the battle between these two stocks.

  • Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.
    Motley Fool2 days ago

    Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.

    Which of these cannabis producers has a better chance at delivering big gains?

  • Why Canadian Marijuana Growers Could Enter the U.S. Sooner Than You Think
    Motley Fool2 days ago

    Why Canadian Marijuana Growers Could Enter the U.S. Sooner Than You Think

    And it might even be as soon as next year.

  • TheStreet.com2 days ago

    Canopy Growth and Constellation Brands Say Cannabis Will Be a $200B+ Industry

    Constellation, which owns alcoholic-drink brands like Corona beer and Robert Mondavi wines, recently paid $4 billion to boost its stake in Canopy Growth to 38%. "If you said 10 years ago: 'Would we be right here having this discussion today?,' we all would have said 'no, we wouldn't have been,'" Newlands told Cramer. Canopy Growth CEO Bruce Linton, who appeared with Newlands, said weed-related products have the potential to disrupt as much as $500 billion a year in various businesses far beyond just pot-smoking.

  • Is This Marijuana Stock in Trouble?
    Motley Fool3 days ago

    Is This Marijuana Stock in Trouble?

    This cannabis company's low-cost marijuana production advantage might be disappearing.

  • Why Canopy Growth, SSR Mining, and Iovance Biotherapeutics Jumped Today
    Motley Fool3 days ago

    Why Canopy Growth, SSR Mining, and Iovance Biotherapeutics Jumped Today

    Find out which of these stocks had the best gains.

  • How to Invest in Marijuana Stocks
    Motley Fool3 days ago

    How to Invest in Marijuana Stocks

    Seven straightforward steps to help you invest in high-growth -- but high-risk -- marijuana stocks.