|Bid||3.0900 x 1200|
|Ask||3.1000 x 2900|
|Day's Range||3.0100 - 3.1899|
|52 Week Range||2.1300 - 15.9600|
|Beta (5Y Monthly)||2.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 09, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.96|
Canopy Growth stock's downfall continues as financial losses combined with a deteriorating macro environment take a heavy toll. Is there a silver lining? The post Why Canopy Growth Stock (TSX:WEED) Fell 23% in September appeared first on The Motley Fool Canada.
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Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and Tokyo Smoke retail banners. The announcement reinforces the Company's focus on advancing its path to profitability as a premium brand-focused cannabis and consumer packaged goods (CPG) company.