WEED.TO - Canopy Growth Corporation

Toronto - Toronto Delayed Price. Currency in CAD
26.50
-1.49 (-5.32%)
At close: 3:59PM EST
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Previous Close27.99
Open26.91
Bid28.17 x 0
Ask28.18 x 0
Day's Range26.43 - 28.03
52 Week Range6.58 - 44.00
Volume3,969,023
Avg. Volume6,899,693
Market Cap5.257B
Beta3.06
PE Ratio (TTM)N/A
EPS (TTM)-0.13
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est31.39
  • Newsfileyesterday

    IIROC Trade Halt - Canopy Growth Corporation

    Toronto, Ontario--(Newsfile Corp. - February 16, 2018) - The following issues have been halted by IIROC: Company:  Canopy Growth Corporation TSX Symbol: WEED (all issues) ...

  • CNW Groupyesterday

    IIROC Trading Halt - WEED

    TORONTO , Feb. 16, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Canopy Growth Corp. TSX Symbol: WEED (all issues) Reason: Pending News Halt Time (ET): 4:11 PM IIROC can make a ...

  • PR Newswireyesterday

    IIROC Trading Halt - WEED

    TORONTO , Feb. 16, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Canopy Growth Corp. TSX Symbol: WEED (all issues) Reason: Pending News Halt Time (ET): 4:11 PM IIROC can make a ...

  • Canopy Growth Corp. Shows the Market How Fast a Weed Should Grow
    The Motley Fool2 days ago

    Canopy Growth Corp. Shows the Market How Fast a Weed Should Grow

    Marijuana giant Canopy Growth Corp. (TSX:WEED) reported impressive revenue growth on Wednesday, but more work needs be done to justify high stock valuation metrics.

  • PR Newswire2 days ago

    Canopy Growth successful in bid to operate private retail stores in Manitoba

    SMITHS FALLS, ON, Feb. 16, 2018 /CNW/ - Canopy Growth Corporation (WEED.TO) ("Canopy Growth" or the "Company") is pleased to announce that it has been conditionally selected by the Government of Manitoba to operate cannabis retail stores in the province after a rigorous and highly competitive RFP process. Canopy Growth, along with its partner Delta 9, is one of four successful candidates chosen to operate a number of retail locations throughout the province. Once official, this will mark Canopy Growth's second provincial retail agreement after previously announcing plans to apply to operate four retail stores in the Province of Newfoundland & Labrador. To date, four provinces in Canada have put forward their retail and supply frameworks including New Brunswick, Newfoundland & Labrador, and Prince Edward Island; and all of them have chosen Canopy Growth as a trusted partner and supplier.

  • CNW Group2 days ago

    Canopy Growth successful in bid to operate private retail stores in Manitoba

    SMITHS FALLS, ON, Feb. 16, 2018 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) ("Canopy Growth" or the "Company") is pleased to announce that it has been conditionally selected by the Government of Manitoba to operate cannabis retail stores in the province after a rigorous and highly competitive RFP process. Canopy Growth, along with its partner Delta 9, is one of four successful candidates chosen to operate a number of retail locations throughout the province. Once official, this will mark Canopy Growth's second provincial retail agreement after previously announcing plans to apply to operate four retail stores in the Province of Newfoundland & Labrador. To date, four provinces in Canada have put forward their retail and supply frameworks including New Brunswick, Newfoundland & Labrador, and Prince Edward Island; and all of them have chosen Canopy Growth as a trusted partner and supplier.

  • How Canopy Growth Is Preparing for Legalized Cannabis
    Market Realist3 days ago

    How Canopy Growth Is Preparing for Legalized Cannabis

    During 3Q18, Canopy Growth increased its inventory and biological assets to a value of 108.3 Canadian dollars from 56 million Canadian dollars in 3Q17. The company stated that it continues to scale inventory to meet the rising demand that will likely result when cannabis is legalized in Canada later in 2018. With investment activities in the cannabis sector ramping up, Canopy Growth and other players (HMLSF) such as Cronos (PRMCF), MedReleaf (MEDFF), Aphria (APHQF), and Aurora Cannabis (ACBFF) will continue to make investments.

  • How Canopy Growth’s Margins Looked in 3Q18
    Market Realist3 days ago

    How Canopy Growth’s Margins Looked in 3Q18

    In the earlier parts of this series, we discussed how Canopy Growth (WEED) fared in terms of selling prices, sales volumes, and cost of production. While the company’s cost of production fell 1.9% year-over-year, its selling price rose 13% over the same period. During fiscal 3Q18, Canopy Growth reported a non-GAAP (generally accepted accounting principles) gross margin of 58% of sales, which included the cash operating costs associated with the company’s subsidiaries that aren’t currently cultivating or selling cannabis.

  • What Were Canopy Growth’s 3Q18 Sales Drivers?
    Market Realist3 days ago

    What Were Canopy Growth’s 3Q18 Sales Drivers?

    How Canopy Growth Fared in Fiscal 3Q18

  • Canopy Growth Reported Losses in 3Q18 despite Surging Sales
    Market Realist3 days ago

    Canopy Growth Reported Losses in 3Q18 despite Surging Sales

    How Canopy Growth Fared in Fiscal 3Q18Canopy Growth’s 3Q18 earnings

  • What Analysts Estimate for Cannabis Companies’ Earnings Margins
    Market Realist3 days ago

    What Analysts Estimate for Cannabis Companies’ Earnings Margins

    How Recreational Cannabis Pricing in Canada Could Shape Up

  • What Do U.S. Cannabis Sales Reveal About the Canadian Legal Cannabis Market?
    The Motley Fool3 days ago

    What Do U.S. Cannabis Sales Reveal About the Canadian Legal Cannabis Market?

    Canopy Growth Corp. (TSX:WEED) leadership is projecting that Canada’s cannabis market could be worth up to $10 billion, and rising sales in U.S. states appear to back up that optimism.

  • Why You Shouldn’t Get Too Excited by Canopy Growth Corp.’s Q3 Results
    The Motley Fool3 days ago

    Why You Shouldn’t Get Too Excited by Canopy Growth Corp.’s Q3 Results

    Canopy Growth Corp. (TSX:WEED) posted a strong quarter on Wednesday, but it wasn't all good news.

  • How Much Will Cannabis Cost in Canada?
    Market Realist3 days ago

    How Much Will Cannabis Cost in Canada?

    There could possibly be a ceiling on cannabis prices for producers such as Canopy Growth (WEED), Cronos (PRMCF), Aphria (APHQF), and Aurora Cannabis (ACBFF), which could eventually put pressure on margins. Statistics Canada recently crowdsourced a survey to find out how much Canadians paid per gram of cannabis. The above chart contains the results from about 15,600 recreational and medical users across Canada.

  • What Government-Regulated Cannabis Retail Could Mean for Producers
    Market Realist3 days ago

    What Government-Regulated Cannabis Retail Could Mean for Producers

    Provinces in Canada will tightly control the supply, distribution, and sale of cannabis. With mostly just a single buyer, the government, cannabis producers will have little defense against one of Porter’s five forces: the bargaining power of customers. For example, in Ontario, the government has proposed to sell recreational cannabis, in stores and online, through OCRC (Ontario Cannabis Retail Corporation), a subsidiary corporation of the LCBO (Liquor Control Board of Ontario), which is a government enterprise and currently retails and distributes alcoholic beverages in the province. By July 2018, Ontario plans to have 40 retail locations.

  • How Recreational Cannabis Pricing in Canada Could Shape Up
    Market Realist3 days ago

    How Recreational Cannabis Pricing in Canada Could Shape Up

    There has been a great deal of enthusiasm recently among investors (MJX) when it comes to cannabis stocks. Of course, the biggest catalyst for sales growth has come from recreational use in Canada. In addition, an increase in medical and recreational cannabis use around the world may also drive sales growth for these companies.

  • Reuters4 days ago

    Canadian weed producer Canopy Growth posts 123 percent jump in third-quarter revenue

    Canada's biggest marijuana producer Canopy Growth said on Wednesday its third-quarter revenue jumped 123 percent to C$21.7 million in the three months ended Dec. 30. The Smiths Falls, Ontario-based company ...

  • Marijuana Investors: Will Shopify Inc. Be the Go-To Platform for Online Cannabis Sales?
    The Motley Fool4 days ago

    Marijuana Investors: Will Shopify Inc. Be the Go-To Platform for Online Cannabis Sales?

    Could Shopify Inc. (TSX:SHOP)(NYSE:SHOP) become the platform of choice for a majority of online weed distributors?

  • PR Newswire4 days ago

    Canopy Growth Corporation Reports Third Quarter Fiscal 2018 Financial Results: Focussed on Execution

    Record quarterly revenue of $21.7 million highest ever reported in Canadian cannabis sector driven by strong domestic and international sales Record Germany quarterly sales of $1 million , all from domestic ...

  • CNW Group4 days ago

    Canopy Growth Corporation Reports Third Quarter Fiscal 2018 Financial Results: Focussed on Execution

    Record quarterly revenue of $21.7 million highest ever reported in Canadian cannabis sector driven by strong domestic and international sales Record Germany quarterly sales of $1 million , all from domestic ...

  • PR Newswire4 days ago

    Canopy Growth signs letter of intent with Société des alcools du Québec

    SMITHS FALLS, ON, Feb. 14, 2018 /CNW/ - Canopy Growth Corporation (WEED.TO) ("Canopy Growth" or the "Company") today announced that it has signed a letter of intent with the Société des alcools du Québec ("SAQ") to provide the Quebec market with 12,000 kilos of high-quality cannabis annually. Three provinces have now announced supply arrangements with Licensed Producers, all of which include Canopy Growth. The Company now has more supply commitments than any other Licensed Producer in the country.

  • CNW Group4 days ago

    Canopy Growth signs letter of intent with Société des alcools du Québec

    SMITHS FALLS, ON, Feb. 14, 2018 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) ("Canopy Growth" or the "Company") today announced that it has signed a letter of intent with the Société des alcools du Québec ("SAQ") to provide the Quebec market with 12,000 kilos of high-quality cannabis annually. Three provinces have now announced supply arrangements with Licensed Producers, all of which include Canopy Growth. The Company now has more supply commitments than any other Licensed Producer in the country.

  • Canopy Growth Corp.: What to Look Forward to as the Marijuana Giant Reports Quarterly Results on Wednesday
    The Motley Fool4 days ago

    Canopy Growth Corp.: What to Look Forward to as the Marijuana Giant Reports Quarterly Results on Wednesday

    Will there be so much love for marijuana giant Canopy Growth Corp.’s (TSX:WEED) stock after it reports its quarterly results on Valentine’s Day?

  • Marijuana Stocks: Is Canopy Growth Corp. Stock a Buy Under $30?
    The Motley Fool4 days ago

    Marijuana Stocks: Is Canopy Growth Corp. Stock a Buy Under $30?

    Will Canada's top marijuana stocks, such as Canopy Growth Corp. (TSX:WEED), follow markets in their move higher as they rebound from the recent slump?

  • Why MedReleaf Corp. Is Rallying Over 2%
    The Motley Fool5 days ago

    Why MedReleaf Corp. Is Rallying Over 2%

    MedReleaf Corp. (TSX:LEAF) is up over 2% following its Q3 2018 earnings release. What should you do now?