WEED.TO - Canopy Growth Corporation

Toronto - Toronto Delayed Price. Currency in CAD
31.25
-0.20 (-0.64%)
As of 2:44PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close31.45
Open31.90
Bid31.21 x 0
Ask31.24 x 0
Day's Range30.64 - 32.19
52 Week Range18.23 - 70.98
Volume2,314,639
Avg. Volume2,837,434
Market Cap10.885B
Beta (5Y Monthly)3.80
PE Ratio (TTM)N/A
EPS (TTM)-5.76
Earnings DateFeb. 11, 2020 - Feb. 16, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est29.64
  • Which Marijuana Stock Offers the Best Opportunity to Buy Now?
    The Motley Fool

    Which Marijuana Stock Offers the Best Opportunity to Buy Now?

    Here is what makes Canopy Growth Corp (TSX:WEED)(NYSE:CGC) one of the best marijuana stocks to buy in this slump.

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  • Tweed Collective™ Accepting Project Applications to Support Communities Across Canada
    CNW Group

    Tweed Collective™ Accepting Project Applications to Support Communities Across Canada

    SMITHS FALLS, ON, Jan. 23, 2020 /CNW/ - Tweed CollectiveTM is pleased to announce that it has extended its application deadline and will be accepting submissions until February 20, 2020. Tweed Collective is a social purpose initiative that funds community impact projects that are changing where and how Canadians live in meaningful ways. All applicants will receive a confirmation email once the Tweed Collective has received the application.

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  • Judy Schmeling Appointed as Chair of the Canopy Growth Board of Directors and Jim Sabia Appointed to the Board
    CNW Group

    Judy Schmeling Appointed as Chair of the Canopy Growth Board of Directors and Jim Sabia Appointed to the Board

    SMITHS FALLS, ON, Jan. 22, 2020 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED.TO - News) (NYSE:CGC - News) is pleased to announce that Judy Schmeling has been appointed Chair of the Board of Directors and Jim Sabia has been appointed in principle as a member of the Company's Board of Directors. Mr. Sabia will act as an observer to the Board as he and Canopy complete the standard Health Canada processes associated with the appointment. "It is my pleasure to welcome Judy Schmeling as our Chair of the Board of Directors and to welcome Jim to the Board," said David Klein, CEO, Canopy Growth.

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  • /R E P E A T -- Media Advisory - Canopy Growth Corporation Gives Back to the Communities it Calls Home/
    CNW Group

    /R E P E A T -- Media Advisory - Canopy Growth Corporation Gives Back to the Communities it Calls Home/

    SMITHS FALLS, ON, Jan. 20, 2020 /CNW/ - Canopy Growth Corporation is committed to making a positive impact in all of the communities it calls home. In the spirit of giving back, the following organization will be receiving a donation from Canopy Growth Corporation. Canopy Growth's Director of Government and Stakeholder Relations, Sean Webster, will be delivering the donation to Newark Neighbours and will be available to discuss the Tweed Collective - a social purpose initiative that invests in community projects across Canada.

  • Media Advisory - Canopy Growth Corporation Gives Back to the Communities it Calls Home
    CNW Group

    Media Advisory - Canopy Growth Corporation Gives Back to the Communities it Calls Home

    SMITHS FALLS, ON, Jan. 20, 2020 /CNW/ - Canopy Growth Corporation is committed to making a positive impact in all of the communities it calls home. In the spirit of giving back, the following organization will be receiving a donation from Canopy Growth Corporation. Canopy Growth's Director of Government and Stakeholder Relations, Sean Webster, will be delivering the donation to Newark Neighbours and will be available to discuss the Tweed Collective - a social purpose initiative that invests in community projects across Canada.

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  • Business Wire

    CANOPY GROWTH 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Canopy Growth Corporation - CGC

    Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until January 20, 2020 to file lead plaintiff applications in securities class action lawsuits against Canopy Growth Corporation (NYSE: CGC), if they purchased the Company’s securities between September 8, 2017 and November 13, 2019, inclusive (the "Class Period"). These actions are pending in the United States District Courts for the District of New Jersey and Southern District of New York.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (17,559.02, up 74.25 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Down 10 cents, or 8.2 per cent, to $1.12 on 34 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down two cents, or 0.72 per cent, to $2.77 on 10.3 million shares.Encana Corp. (TSX:ECA). Energy. Down 23 cents, or 4.14 per cent, to $5.33 on 9.2 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at $1.77 on 5 million shares.Hexo Corp. (TSX:HEXO). Health care. Down 21 cents, or 9.09 per cent, to $2.10 on 4.9 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Unchanged at 16 cents on 4.3 million shares. Companies in the news:Bombardier Inc. — Two major rating agencies have voiced concerns over the finances of Bombardier Inc., whose future is being questioned as it considers options to raise its more than US$9 billion debt. S&P Global Ratings changed its outlook to "negative" from "stable" on Friday, following in the footsteps of Moody's Investors Service, which did the same Thursday evening. The Montreal-based transportation manufacturer's stock dropped another seven per cent after plunging 32 per cent on Thursday. Bombardier has faced persistent difficulties in its rail division but also raised doubts about its continued participation in the A220, less than two years after having ceded control of the program formerly called C Series to Airbus.Canopy Growth Corp. (TSX:WEED). Up 90 cents, or 2.84 per cent, to $32.57. Canopy Growth Corp. is delaying the launch of its cannabis-infused drinks. The company says work to scale up to commercial production is not complete and it is delaying the launch date while it completes the final steps. Canopy submitted its final documentation for its beverage facility to Health Canada last June and received its license in late November. The company had expected to have its beverage products on store shelves in early January. It did not say when it now plans to launch its beverage products.This report by The Canadian Press was first published Jan. 17, 2020.The Canadian Press

  • Cannabis company Canopy Growth delaying launch of infused beverages
    The Canadian Press

    Cannabis company Canopy Growth delaying launch of infused beverages

    Canadians thirsty for Canopy Growth Corp.'s cannabis-infused drinks will have to wait a bit longer.The Smiths Falls, Ont.-based company said Friday that the debut of its cannabis drinks will now be delayed because it requires more time to develop its beverage facility and "the scaling process is not complete.""In order to deliver products that meet our customer's high standards we are electing to revise the launch date while we work through the final details," Canopy chief executive David Klein said in a statement.Canopy's beverage business is expected to be a cornerstone for the company, which is behind the brands Tweed, Tokyo Smoke, Doja and Van der Pop. Canopy has said it is preparing to produce 13 cannabis-related beverages. The company has the backing of Constellation Brands Inc., a New York company which invested $5 billion in Canopy in 2019 and has a portfolio of brands including Corona beers, Robert Mondavi and Kim Crawford wines and premium spirits from SVEDKA Vodka and Casa Noble Tequila.Canopy had expected to release its cannabis beverages in early January as part of Cannabis 2.0, where the country is allowing a second wave of products such as edibles, extracts and topicals to hit the market following the October 2018 legalization of cannabis in CanadaCannabis-infused chocolates, cookies, soft chews, mints, tea and vapes were made available on the Ontario Cannabis Store's website at 9 a.m. local time Thursday and were on sale the week before at physical retailers in the country.Canopy did not say when it now intends to launch its beverages.It submitted the final documentation for its beverage facility to Health Canada last June and received its license in late November.The company's statement said it does not believe the delay will have a material impact on its revenue for its 2020 financial year. It plans to provide an update on the beverages' status when it releases its third-quarter results.RBC Capital Markets analyst Douglas Miehm said in a note that he saw Canopy's news in a "neutral light" and believes that engineering issues connected to the introduction of tetrahydrocannabinol — the psychoactive compound that gives users a high — emulsion syrup into other ingredients have "ultimately contributed to quality assurance shortfalls upon completion.""While the release is somewhat surprising, we do reaffirm our confidence in the company's production capabilities and note that when it comes to beverages, Canopy remains ahead of the pack," he said."In our view, the issues likely rest in translating the quality, taste, and consistency generated in a lab setting to large-scale commercial manufacturing."This report by The Canadian Press was first published Jan. 17, 2020.Companies in this story: (TSX:WEED)Tara Deschamps, The Canadian Press

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    Stocks in play: Canopy Growth Corporation

    Submitted its final documentation for its beverage facility to Health Canada in late June 2019 and subsequently ...

  • Canopy Growth Revises Beverage Launch Timeline
    CNW Group

    Canopy Growth Revises Beverage Launch Timeline

    SMITHS FALLS, ON, Jan. 17, 2020 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED.TO - News), (NYSE:CGC - News) submitted its final documentation for its beverage facility to Health Canada in late June 2019 and subsequently received the licence in late November 2019. In the seven weeks since receiving the licence, the Company has made meaningful progress towards scaling the production process for its cannabis beverages from lab scale to commercial scale. "Canopy has had seven weeks to work with THC in the brand new beverage facility to scale processes and IP it has developed in the R&D environment," said David Klein, CEO, Canopy Growth.

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    Yahoo Finance Canada

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    Why Enbridge Inc. (TSX:ENB)(NYSE:ENB), Nutrien Ltd. (TSX:NTR)(NYSE:NTR), and Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) are interesting options for long-term investors considering how to spread their next RRSP contribution.