|Bid||0.00 x 2900|
|Ask||0.00 x 1800|
|Day's Range||5.73 - 6.11|
|52 Week Range||4.82 - 26.96|
|Beta (5Y Monthly)||1.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 07, 2022 - Feb 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.63|
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the fourth quarter and fiscal year 2022 ended March 31, 2022, before financial markets open on May 27, 2022.
Most Canadian marijuana companies have struggled to turn a profit despite more than three years of cannabis legalization due to fewer-than-expected retail stores, cheaper rates on the black market and sluggish overseas growth. That has piled pressure on companies to slash expenses, with Canopy saying on Tuesday that it would also reduce costs by lowering how much it spends on cultivation of weed. The moves are expected to yield cost-savings of between C$100 million and C$150 million ($77.98 million and $116.99 million) within 12 to 18 months.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,690.81, down 321.08 points.) Enbridge Inc. (TSX:ENB). Energy. Down 10 cents, or 0.2 per cent, to $56.08 on 9.3 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up 15 cents, or 0.7 per cent, to $21.09 on nine million shares. Bank of Montreal (TSX:BMO). Financials. Down $2.58, or 1.8 per cent, to $138.86 on 8.8 million shares. Athabasca Oil Corp. (TSX:ATH). Energy. Down three