WEED.TO - Canopy Growth Corporation

Toronto - Toronto Delayed Price. Currency in CAD
64.37
+4.73 (+7.93%)
At close: 4:00PM EDT
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Previous Close59.64
Open61.26
Bid64.43 x 0
Ask64.44 x 0
Day's Range60.25 - 64.99
52 Week Range27.00 - 76.68
Volume4,572,129
Avg. Volume2,927,777
Market Cap22.152B
Beta (3Y Monthly)4.76
PE Ratio (TTM)N/A
EPS (TTM)-1.79
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est73.30
  • Why Zoom Video Communications, KeyW Holding, and Canopy Growth Jumped Today
    Motley Fool14 minutes ago

    Why Zoom Video Communications, KeyW Holding, and Canopy Growth Jumped Today

    Strong momentum continued over the weekend for many stocks even in a mixed market.

  • Canopy Growth leads cannabis stocks higher after GMP upgrades to buy
    MarketWatch2 hours ago

    Canopy Growth leads cannabis stocks higher after GMP upgrades to buy

    Cannabis stocks were mostly higher on Monday, with Canopy Growth Corp. enjoying gains after two bullish analyst notes and CannTrust Holdings Inc. falling on news it plans to issue another $200 million in stock.

  • Canopy Growth Upgraded on Hope: U.S. Marijuana Legalization by 2027?
    Motley Fool2 hours ago

    Canopy Growth Upgraded on Hope: U.S. Marijuana Legalization by 2027?

    Analyst sees "high likelihood" of federal legalization.

  • ACCESSWIRE3 hours ago

    Investors Should Be Paying Close Attention to This Industry

    CORAL GABLES, FL / ACCESSWIRE / April 22, 2019 / Investors should be paying close attention to the cannabis industry right now. Currently, recreational marijuana is now legal in 10 US states & medical marijuana is legal in 33 US States. Today we are highlighting: Canopy Growth Corporation (CGC) / (TSX:WEED.TO), Aphria Inc. (APHA), Aurora Cannabis Inc. (ACB), Leafbuyer Technologies, Inc. (LBUY).

  • Cannabis Stocks Off to a Positive Start on Monday
    Market Realist3 hours ago

    Cannabis Stocks Off to a Positive Start on Monday

    Cannabis Stocks Off to a Positive Start on MondayOff to a positive start The overall cannabis sector was off to a positive start on the first trading day of this week. The ETFMG Alternative Harvest ETF (MJ) gained nearly 1.2% while the Horizons

  • Barrons.com3 hours ago

    Canopy Growth’s New Marijuana Deal Is a Winner for Constellation Brands

    The alcoholic-beverage company owns 38% of Canopy Growth, which agreed to buy the U.S. pot seller Acreage Holdings once cannabis becomes legal under U.S. law.

  • Benzinga4 hours ago

    GMP Upgrades Canopy Growth To Buy Following Acreage Deal

    Cannabis stocks were mostly higher Monday after Canopy Growth Corp (NYSE: CGC ) received positive coverage from an analyst. The Analysts GMP Securities' Martin Landry upgraded Canopy Growth from Hold to ...

  • Barrons.com6 hours ago

    Canopy Growth Stock Is Surging Because a New Deal Could Make It a Big U.S. Marijuana Player

    Acreage Holdings owns 87 dispensaries and 22 cultivation and processing sites in the U.S. and has $300 million cash.

  • MarketWatch8 hours ago

    Canopy upgraded to buy at GMP after clinching Acreage deal

    Canopy Growth Corp. was upgraded to buy from hold on Monday by analyst Martin Landry at GMP, after the company last week bought the rights to acquire U.S. multi-state operator Acreage Holdings Inc. as soon as cannabis is legalized in the U.S. "This transaction should boost Acreage's ability to consolidate the US market," Landry wrote in a note to clients. "Hence, when Canopy officially takes ownership of Acreage, it could be much larger than currently." The deal gives Canopy a foothold in the U.S. market, which is estimated at about $10 billion, or 10 times larger than Canada, which fully legalized cannabis last October. Acreage is already in 20 states with 87 dispensaries and 22 cultivation and processing sites. Canopy is paying $3.4 billion, equal to a valuation multiple of 21.5 times consensus EBITDA for 2020. "In our view, this takeout multiple is low given the strategic nature of the acquisition and the potential for continued strong growth as 2021 consensus estimates forecast Acreage's EBITDA to double over 2020," Landry wrote. "Furthermore, valuations of MSOs are likely to be higher upon legalization." The analyst raised his stock price target by $7 to $72, or about 21% above its current trading level. U.S.-listed shares rose 1.8% in premarket trade and have gained 89.3% in the last 12 months, while the S&P 500 has gained 8.5%.

  • Tweed and TerraCycle team up to take Cannabis Packaging Recycling Program across Canada
    PR Newswire8 hours ago

    Tweed and TerraCycle team up to take Cannabis Packaging Recycling Program across Canada

    SMITHS FALLS, ON, April 22, 2019 /PRNewswire/ - In the spirit of Earth Day, Canada's best-known cannabis brand is thrilled to officially launch the Tweed x TerraCycle recycling program across Canada. Previously available in select stores and provinces, today's announcement officially marks the roll out of Canada's first country-wide Cannabis Packaging Recycling Program. As we approached legalization of recreational cannabis in Canada, Tweed realized a solution was needed for all the new containers, tubes and packages in our industry, to ensure they are diverted away from landfills and upcycled into other products.

  • How Wall Street Views HEXO in April
    Market Realist9 hours ago

    How Wall Street Views HEXO in April

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  • Aphria Had a Tough Week after Earnings
    Market Realist9 hours ago

    Aphria Had a Tough Week after Earnings

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  • 3 Crazy Facts About Canopy Growth's Largest Acquisition in Marijuana History
    Motley Foolyesterday

    3 Crazy Facts About Canopy Growth's Largest Acquisition in Marijuana History

    Canopy's $3.4 billion purchase of Acreage Holdings is unlike anything Wall Street or investors have ever seen.

  • Benzinga2 days ago

    Harvest Health CEO Steve White Talks Cannabis Consolidation, Says Canopy-Acreage Tie-Up 'Fantastic'

    Harvest Health & Recreation, Inc. (OTC: HRVSF ) CEO Steve White joined Yahoo's Jeff Lagerquist onstage Thursday at the Benzinga Cannabis Capital Conference to discuss consolidation in the marijuana industry.  ...

  • Cannabis stocks pare early gains as Canopy secures future foothold in the U.S.
    MarketWatch2 days ago

    Cannabis stocks pare early gains as Canopy secures future foothold in the U.S.

    Cannabis stocks rallied on Thursday before paring their gains, boosted by the news that the biggest company in the sector by market cap has bought the rights to acquire a U.S. multistate operator as soon as the federal ban on cannabis has been lifted.

  • 4 Marijuana Stocks to Especially Like on 4/20
    Motley Fool2 days ago

    4 Marijuana Stocks to Especially Like on 4/20

    Each of these stocks is poised for tremendous success in the U.S. cannabis market.

  • Breaking the cannabis glass ceiling
    Yahoo Finance2 days ago

    Breaking the cannabis glass ceiling

    Amy Margolis identified a problem in the burgeoning Oregon cannabis industry, so she set out to solve it. The problem? Despite the industry’s newness and the encouraging early statistics about gender equity, a glass ceiling has developed in the cannabis business.

  • Corona and Canopy: A mix of beer and pot that could juice your stock portfolio
    MarketWatch2 days ago

    Corona and Canopy: A mix of beer and pot that could juice your stock portfolio

    Constellation Brands is boosting its U.S. beer business while betting that marijuana products will deliver big sales.

  • The cannabis industry is poised for its biggest 420 yet
    Yahoo Finance3 days ago

    The cannabis industry is poised for its biggest 420 yet

    The “Black Friday” for Cannabis is expected to be bigger than ever this year.

  • TheStreet.com3 days ago

    Jim Cramer: It's 420, Here's How to Play the Cannabis Sector

    It's 420. TheStreet's Jim Cramer discusses Canopy Growth, Tilray, Constellation Brands and other investing opportunities in the cannabis sector!

  • How Risky are Cannabis Investors?
    Investopedia4 days ago

    How Risky are Cannabis Investors?

    While cannabis stocks are blazing with popularity, our survey of readers shows that they are still not willing to commit their portfolios to the risky sector

  • Pot Stock Canopy Growth Gets Right To Buy Acreage Holdings, But This Has To Happen First
    Investor's Business Daily4 days ago

    Pot Stock Canopy Growth Gets Right To Buy Acreage Holdings, But This Has To Happen First

    Marijuana stocks: Canada's Canopy Growth agreed to buy U.S. pot grower Acreage Holdings for $3.4 billion - when the U.S. legalizes marijuana nationwide.

  • Hot pot deal: Canopy Growth buys Acreage Holdings for $3.4 billion
    CNBC Videos4 days ago

    Hot pot deal: Canopy Growth buys Acreage Holdings for $3.4 billion

    Marijuana M&A heats up, as Canopy buys Acreage. Bruce Linton, Canopy CEO, and Kevin Murphy, Acrage CEO, discuss with CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.

  • Canopy Growth strikes $3.4B deal to buy Acreage
    Yahoo Finance Video4 days ago

    Canopy Growth strikes $3.4B deal to buy Acreage

    Canopy Growth stock is up today on news that it’s made a deal to buy Acreage Holdings. Yahoo Finance’s Zack Guzman and Kristin Myers are joined by Lauren Smith Brody, ‘The Fifth Trimester’ author and founder, to discuss.