|Bid||19.53 x 0|
|Ask||19.54 x 0|
|Day's Range||19.21 - 20.58|
|52 Week Range||12.96 - 70.98|
|Beta (5Y Monthly)||3.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 28, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.11|
Terry Yanofsky and David Lazzarato appointed as John Bell and Peter Stringham retire from the CGC Board. SMITHS FALLS, ON, April 1, 2020 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED.TO - News) (NYSE:CGC - News) is pleased to announce that Ms.Terry Yanofsky and Mr. David Lazzarato have been appointed to the Company's Board of Directors, effective immediately.
Canopy Growth could enjoy some defensive stock status if the marijuana industry proves its mettle during the coronavirus demand disturbances.The post Coronavirus Market Meltdown: Buy Canopy Growth Stock for Defensive Pot Status appeared first on The Motley Fool Canada.
After underperforming, cannabis stocks like Aphria Inc (TSX:APHA)(NYSE:APHA) may finally be worth looking at.The post Stock Market Crash: Cannabis Stocks May Finally Be Worth Looking At! appeared first on The Motley Fool Canada.
States like New York will see significant revenue shortfalls due to coronavirus. Legalizing cannabis could make up for a quarter of the losses, which could help push legislation forward.
Sin sectors have bolstered their reputations as recession-proof in this crisis, which may boost stocks like Corby Spirit and Wine Ltd. (TSX:CSW.A).The post 3 Recession-Proof Stocks to Buy Today appeared first on The Motley Fool Canada.
Marijuana stocks such as Canopy Growth (TSX:WEED)(NYSE:CGC) have plenty of reasons to bounce back stronger from this economic crisis. The post Coronavirus Impact: What Will Happen to Canada’s Marijuana Stocks? appeared first on The Motley Fool Canada.
“Cannabis stores and cannabis producers” are on Ontario’s list of workplaces. It’s a win for a sector that was facing tough times long before COVID-19 threatened the global economy.
What is the trend for cannabis stocks in 2020? How do cannabis stocks such as Canopy Growth Corp (TSX:WEED)(TSX:CGC) compare to a year ago?The post Contraction Is the New Trend for Cannabis Stocks appeared first on The Motley Fool Canada.
Pot stocks like Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) have a major advantage that few competitors possess.The post 2 Pot Stocks That Can Survive the Coronavirus Crash appeared first on The Motley Fool Canada.
Cannabis sales have spiked in this volatile time, which may give a boost to struggling stocks like Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and others.The post Bear Market: Why Cannabis Stocks Could Have Huge Upside appeared first on The Motley Fool Canada.
SMITH FALLS, Ont. — Cannabis company Canopy Growth Corp. says it's closing all of its corporate-owned Tokyo Smoke and Tweed stores later today in an effort to help limit the spread of COVID-19.The company says its 23 corporate stores in Newfoundland, Saskatchewan and Manitoba as well as the Tweed Visitor Centre in Smiths Falls, Ont., will close at 5 p.m. local time today.The move comes as public health officials urge people to limit contact with others in an effort to help reduce the spread of the novel coronavirus.Businesses have responded by cutting back and changing their operations as well as finding ways to allow employees to work from home.Canopy says patients will be able to continue purchasing medical cannabis through Spectrum Therapeutics.Meanwhile, it says adult consumers in Manitoba and Saskatchewan will able to shop using the Tweed and Tokyo Smoke websites and the other provinces and territories will be supported through government-run retail websites.This report by The Canadian Press was first published March 17, 2020.Companies in this story: (TSX:WEED)The Canadian Press
SMITH FALLS, ON, March 17, 2020 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED.TO - News) (NYSE:CGC - News) has been monitoring the COVID-19 outbreak and paying close attention to the guidance given by public health bodies around the globe. Canopy Growth's leadership team has made the decision to temporarily close all corporate-owned Tokyo Smoke and Tweed retail locations across Canada, effective at 5:00 p.m. local time today, March 17.
SMITHS FALLS, ON, March 16, 2020 /CNW/ - Since Cannabis 2.0 legalization on October 17, 2019, Tweed has been preparing for the launch of our cannabis infused beverages to the Canadian recreational market. Today, we are pleased to announce that our first SKU, Tweed Houndstooth & Soda, began shipping to provincial boards and retailers nationwide late last week. When and where will Tweed Ready-To-Drink cans be available for purchase?
Learn trading strategies for gold and cannabis in the current market, including examples such as Canopy Growth (TSX:WEED)(NYSE:CGC) and Barrick Gold (TSX:ABX)(NYSE:ABX).The post Gold and Cannabis: Trading Strategies in the Coming Months appeared first on The Motley Fool Canada.
At least three Canadian cannabis stocks have good cash runways, but how does Canopy Growth Corp (TSX:WEED)(NYSE:CGC) compare?The post Canadian Cannabis: Is Canopy Growth (TSX:WEED) Stock Still a Buy Right Now? appeared first on The Motley Fool Canada.
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) and the sector at large is facing challenges that may breed major shake ups in the months to come.The post WARNING: The Day of Reckoning Is Coming for Cannabis Stocks appeared first on The Motley Fool Canada.
Canopy Growth completes C$80.5 million loan to TerrAscend Canada Inc. SMITHS FALLS, ON, March 11, 2020 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED, NYSE:CGC) and TerrAscend Canada Inc. ("TerrAscend Canada"), a wholly owned subsidiary of TerrAscend Corp. ("TerrAscend") (CSE:TER, OTCQX: TRSSF), today announced they have entered into a loan financing arrangement in the amount of C$80.5 million (the "Loan") pursuant to a secured debenture (the "Debenture"). In connection with the Loan, TerrAscend has issued 17,808,975 common share purchase warrants to the Company (the "Warrants").