WEED.TO - Canopy Growth Corporation

Toronto - Toronto Delayed Price. Currency in CAD
60.02
-1.80 (-2.91%)
At close: 3:59PM EDT
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Previous Close61.82
Open61.15
Bid60.00 x 0
Ask60.01 x 0
Day's Range59.34 - 61.53
52 Week Range31.81 - 76.68
Volume1,757,648
Avg. Volume2,455,179
Market Cap20.712B
Beta (3Y Monthly)5.04
PE Ratio (TTM)N/A
EPS (TTM)-1.79
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est76.91
  • Cramer goes off the charts to get a deeper look at cannabis stocks
    CNBC Videos2 days ago

    Cramer goes off the charts to get a deeper look at cannabis stocks

    Jim Cramer takes a look at his colleague and technician Tim Collins' interpretation of the cannabis sector.

  • In ‘the marijuana ghetto’ at Davos, Canopy Growth found its American pot partner
    MarketWatch11 hours ago

    In ‘the marijuana ghetto’ at Davos, Canopy Growth found its American pot partner

    The landmark deal between Acreage Holdings Inc. and Canopy Growth Corp. has its roots amid bunk beds inside a small, cramped house in Klosters, Switzerland.

  • Canopy’s proposed U.S. deal is a boon for the U.S. cannabis sector, says this investor
    MarketWatch15 hours ago

    Canopy’s proposed U.S. deal is a boon for the U.S. cannabis sector, says this investor

    Canopy Growth Corp.’s plan to acquire U.S. multi-state operator Acreage Holdings as soon as cannabis is legalized in the U.S. has won the support of a U.S. private-equity firm that specializes in investments in the cannabis sector.

  • Cannabis Stocks Fell Due to Trade Fears
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    Cannabis Stocks Fell Due to Trade FearsCannabis stocksOn May 23, Cannabis stocks fell due to renewed trade concerns. The benchmark ETFMG Alternative Harvest ETF (MJ) was trading 2.3% lower in the first half of the day.Stocks in the redAmong the

  • Canopy Growth and Acreage Holdings Announce Filing of Management Information Circulars Related to Canopy's Plan to Acquire Acreage
    CNW Group18 hours ago

    Canopy Growth and Acreage Holdings Announce Filing of Management Information Circulars Related to Canopy's Plan to Acquire Acreage

    Canopy Growth's brands, technology and know-how is anticipated to provide Acreage with a significant and immediate advantage in an increasingly competitive U.S. market and fuel Acreage's growth. Acreage shareholders to receive immediate upfront cash consideration, on an as-converted to Subordinate Voting Share basis, of approximately US$2.51 - $2.63 per share upon the initial implementation of the Transaction. On completion of the Transaction, each Acreage share will be converted into 0.5818 of a common share of Canopy Growth, subject to any required adjustments.

  • /R E P E A T -- Meet Your New Neighbour: It's Tweed! Tweed Brings Its Unique Brand of Cannabis and Conversation to Meadow Lake, SK/
    CNW Group20 hours ago

    /R E P E A T -- Meet Your New Neighbour: It's Tweed! Tweed Brings Its Unique Brand of Cannabis and Conversation to Meadow Lake, SK/

    Tweed, Canada's top cannabis producer, is excited to announce the May 23rd grand opening of their Meadow Lake retail location with a celebration of fun, education and most importantly, community love! Legal cannabis is new to many consumers but we've been cutting our teeth as a medical producer for years so we can help suggest strains and educate on the different ways to consume cannabis.

  • 1 Reason Aurora Cannabis Does, and Doesn't, Need a Brand-Name Partner
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  • Canopy Growth stock climbs on news of U.K. skin-care deal; Hexo names COO
    MarketWatch22 hours ago

    Canopy Growth stock climbs on news of U.K. skin-care deal; Hexo names COO

    Cannabis stocks were mostly higher Wednesday, as investors digested the latest deal in the sector, Canopy Growth Corp.’s acquisition of a U.K. skin care company.

  • MarketWatchyesterday

    Canopy Growth investment arm Canopy Rivers appoints new CEO

    Canopy Rivers said late Wednesday it had appointed current president Narbé Alexandrian to the chief executive job. Until Wednesday, Canopy Growth Corp. CEO Bruce Linton served as interim CEO of Rivers. Linton will remain on Rivers' board as chairman. Canopy Rivers is the publicly traded venture capital-type unit of Canopy Growth, the world's largest weed company. Canopy Rivers stock closed up 2.9% during the regular session Wednesday and Canopy Growth stock closed up 2.3%. The S&P 500 index fell 0.3% Wednesday.

  • Meet Your New Neighbour: It's Tweed! Tweed Brings Its Unique Brand of Cannabis and Conversation to Meadow Lake, SK
    CNW Group2 days ago

    Meet Your New Neighbour: It's Tweed! Tweed Brings Its Unique Brand of Cannabis and Conversation to Meadow Lake, SK

    Tweed, Canada's top cannabis producer, is excited to announce the May 23rd grand opening of their Meadow Lake retail location with a celebration of fun, education and most importantly, community love! Legal cannabis is new to many consumers but we've been cutting our teeth as a medical producer for years so we can help suggest strains and educate on the different ways to consume cannabis.

  • Canopy Growth Buys Skin Care Company In Latest CBD Deal; Marijuana Stocks Rise
    Investor's Business Daily2 days ago

    Canopy Growth Buys Skin Care Company In Latest CBD Deal; Marijuana Stocks Rise

    Canadian cannabis producer Canopy Growth said it is buying This Works, a London-based skin care company, for around $55 million.

  • Why Canopy Growth Is on the Rise Today
    Market Realist2 days ago

    Why Canopy Growth Is on the Rise Today

    Why Canopy Growth Is on the Rise TodayCanopy Growth acquires skincare companyOn May 22, Canopy Growth (WEED) (CGC) announced its acquisition of This Works, a natural wellness company based in London, England, for a total of 73.8 million Canadian

  • Reuters2 days ago

    Canopy Growth pushes into cannabis beauty and wellness with This Works buy

    Canopy Growth Corp said on Wednesday it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules. London-based This Works, set up in 2003 by a former beauty director of Vogue UK and yoga teacher, makes pillow sprays that help users sleep faster, moisturizers to reduce wrinkles, body oils and eye-care products, according to its website. Canopy Growth said the acquisition fits with its strategy of expanding internationally and would help develop CBD-infused products and brands for the global beauty and wellness space.

  • Is Now a Good Time to Buy Cannabis Stocks?
    Market Realist2 days ago

    Is Now a Good Time to Buy Cannabis Stocks?

    How Do Cannabis Stocks' Valuations Stack Up in May?(Continued from Prior Part)Investing in the cannabis sectorThe cannabis sector has had its ups and downs in the past month. The trend has mostly been flat to downwards-trending for most of the

  • Does Canopy Growth Look Attractive in May?
    Market Realist2 days ago

    Does Canopy Growth Look Attractive in May?

    Canopy Growth: Analysts' Views in May(Continued from Prior Part)Canopy Growth’s valuationCanopy Growth (WEED) (CGC) is one of the few stocks that has traded at premium valuation multiples compared to its peers like Aurora Cannabis (ACB), Aphria

  • TheStreet.com2 days ago

    Canopy Growth Buys London-Based Natural Skincare Company This Works

    shares were up 0.6% in premarket trading after the company announced that it purchased London-based skincare and sleep solutions company This Works for C$73.8 million. The company offers a range of natural skincare and sleep solution products, including a deep sleep pillow spray, morning expert hyaluronic serum and a dry leg oil. This Works CEO Anna Persaud will stay on as head of business operations after the acquisition with Canopy Growth supporting the company's current operations with an accelerated focus on global expansion and product development, including skincare and sleep solution products infused with CBD.

  • Canopy Growth: Analysts’ Views in May
    Market Realist2 days ago

    Canopy Growth: Analysts’ Views in May

    Canopy Growth: Analysts' Views in MayCanopy GrowthCanopy Growth (WEED) (CGC) has been among the strongest cannabis bets for investors. In the past few months, more analysts have initiated coverage on the stock. In May, one more analyst initiated

  • Benzinga2 days ago

    Canopy Growth Acquires London-Based Skincare Company This Works For $54M

    Canopy Growth Corp (NYSE: CGC ) is expanding in the wellness industry with the acquisition of London-based skincare and well-being company This Works . What Happened The acquisition will be done in all-cash. ...

  • Aurora Cannabis to research CBD with mixed martial arts outfit UFC, Canopy names new CFO
    MarketWatch2 days ago

    Aurora Cannabis to research CBD with mixed martial arts outfit UFC, Canopy names new CFO

    Aurora Cannabis Inc. shares rose Tuesday, after the Canadian company said it has entered a multiyear, multimillion-dollar agreement with mixed martial arts organization UFC to research the effect of hemp-derived CBD products on athlete recovery and wellness.

  • MarketWatch2 days ago

    Canopy Growth acquires London-based skincare company This Works for 43 million pounds in cash

    Canopy Growth Corp. , the world's biggest cannabis company by market capitalization, said Wednesday it's acquiring London-based skincare company This Works for 43 million pounds ($54 million) in cash. This Works offers a range of skincare and sleep products, including deep sleep pillow spray, morning expert hyaluronic serum and skin deep dry leg oil. The deal "is a key aspect of a multi-faceted hemp and CBD strategy as Canopy Growth continues to build upon its vertically-integrated production and marketing platform, that currently includes thousands of acres of hemp production across several continents, hundreds of millions of dollars of capital investment into hemp-derived CBD production and processing, rapid expansion across the European Union and other key regions, and the introduction of new CBD-infused products and brands to the global beauty, wellness, and sleep solution space," Canopy said in a statement. This Works Chief Executive Anna Persaud will remain at the helm of the business once the deal has closed. Canopy is armed with a more than $4 billion balance sheet courtesy of an investment from Corona beer maker Constellation Brands Inc. last year. Canopy shares were up 0.7% premarket, and have gained 67% in 2019, while the S&P 500 has gained 14%.

  • PR Newswire2 days ago

    Canopy Growth acquires established skincare and well-being company This Works®

    SMITHS FALLS, ON and LONDON, May 22, 2019 /PRNewswire/ - Canopy Growth Corporation (WEED.TO) (CGC) (the "Company" or "Canopy Growth") has finalized an all-cash transaction to acquire This Works for a purchase price of £43 million (CDN $73.8 million). Founded in 2004, This Works has cemented itself as a global leader in natural skincare and sleep solutions with a devout customer base spanning 35 countries. Headquartered in London, England, This Works offers a range of high-quality natural skincare and sleep solution products that have rewarded the company with a loyal following of customers purchasing their best-known products including deep sleep pillow spray, morning expert hyaluronic serum, and skin deep dry leg oil.

  • These 4 Pot Stocks Have Supply Deals With Every Canadian Province
    Motley Fool2 days ago

    These 4 Pot Stocks Have Supply Deals With Every Canadian Province

    Hint: Aurora Cannabis and Cronos Group don't make the list.

  • Benzinga3 days ago

    Canopy Growth Appoints Mike Lee Acting CFO

    Canopy Growth Corporation (NYSE: CGC ) announced the appointment of its Executive Vice President of Finance, Mike Lee, to its executive leadership team as acting Chief Financial Officer, effective June ...