WEED.TO - Canopy Growth Corporation
| Previous Close | 38.76 |
| Open | 39.90 |
| Bid | 36.33 x 0 |
| Ask | 36.35 x 0 |
| Day's Range | 36.24 - 40.00 |
| 52 Week Range | 6.58 - 44.00 |
| Volume | 7,374,278 |
| Avg. Volume | 4,848,796 |
| Market Cap | 7.257B |
| Beta | 3.58 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.13 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 36.94 |
- Baystreet•12 hours ago
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- The Motley Fool•15 hours ago
Forget the Dividends: Here Is How Investors Will Make Huge Capital Gains!
With huge potential for growth, investors need to back up the truck on Shopify Inc. (TSX:SHOP)(NYSE:SHOP).
- The Canadian Press•yesterday
Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
CNW Group•yesterdayCanopy Growth Announces Inaugural Trading Date on the New York Stock Exchange
SMITHS FALLS, ON, May 23, 2018 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) ("Canopy Growth" or the "Company") is pleased to announce that it expects its common shares will begin trading under the ticker symbol "CGC" on the New York Stock Exchange (the "NYSE") tomorrow, May 24, 2018. This listing follows a history of firsts for the Company including being the first publicly traded, federally regulated cannabis company in North America, and the first to be included in the S&P/TSX Composite index. "We're a company focussed on leadership, vision, and integrity and listing on one of the most prestigious exchanges in the world validates the level of execution and ambition our team has demonstrated," said Bruce Linton, Chairman & CEO, Canopy Growth.
- CNW Group•2 days ago
Invictus Reflects on Major Milestones Including 2 Sales Licenses under ACMPR
FRA: 8IS1) is pleased to highlight major milestones as the fast-growing cannabis Company prepares for the coming recreational marketplace with new construction and development projects, fresh products and a dynamic and muscular approach to retail sales. Invictus has raised over $93 million dollars since inception and deployed funds into acquiring and expanding licenses under the Access to Cannabis for Medical Purposes Regulations ("ACMPR"). "Invictus was just beginning its march towards cannabis cultivation and sales a year ago.
- Market Realist•2 days ago
Aurora Cannabis Stock Rises 5.8% on Investment in CTT
On May 22, Aurora Cannabis (ACB) (ACBFF) added yet another name to its long list of partnerships ahead of legalized cannabis in Canada. The company acquired a 9.1% ownership interest in CTT Pharmaceutical Holdings through a private placement. This deal further has a provision for Aurora Cannabis to increase its stake to 42.5% in CTT.
- The Motley Fool•2 days ago
Why I’d Invest in Canopy Growth Corp. Over Aurora Cannabis Inc. Today
Canopy Growth Corp. (TSX:WEED) hasn't been impressed by some of the acquisitions that it's seen in the cannabis industry.
- Baystreet•3 days ago
Stocks in play: Abattis Bioceuticals Corp.
Announced the addition of three new vaporizers to its product line. Since the Company’s acquisition ...
- The Motley Fool•3 days ago
Which Is the Better Buy Before Legalization: Canopy Growth Corp. or Aurora Cannabis Inc.?
Canopy Growth Corp. (TSX:WEED) and Aurora Cannabis Inc. (TSX:ACB) stock have spiked in mid-May after some big announcements.
- Market Realist•3 days ago
Why SunTrust Raised Price Target for Scotts Miracle-Gro
The Scotts Miracle-Gro Company (SMG) received a recent upgrade from a “buy” to a “hold” from SunTrust Robinson Humphrey. The firm also raised its price target to $100 from $80, saying that the stock will likely see an upside when the hydroponics business takes off on the back of increased cannabis use. The stock had terrible first and second quarter results, and the stock is now 19.5% lower YTD (year-to-date) as of May 16.
- Market Realist•4 days ago
These Stocks Were the Top Movers in the Cannabis Sector Last Week
Last week, the cannabis sector was broadly positive with the ETF Horizons Marijuana Life Sciences ETF (HMMJ) rising ~4.3%, the Evolve Marijuana ETD (SEED) rising 3%, the ETFMG Alternative Harvest ETF (MJ) rising 1.3%, and the Emerging Marijuana Growers Index ETF (HMJR) rising 0.4% between the close on May 11 and the close on May 18. Over the same period, the TSE 300 Index gained about 1.1%, while the S&P 500 Index fell 0.5%. Let’s look at how some of the cannabis stocks performed last week.
- Market Realist•4 days ago
Analysts Are Slightly More Bullish on Supreme Cannabis in May
Supreme Cannabis (SPRWF) was in the news two days ago for its appointment of Colin Moore to its board of directors. Moore was previously the president of Starbucks Canada and has held positions with big brands such as PepsiCo and KFC. The mean ratings for the company changed from 1.8 in April, which is similar to Aurora Cannabis (ACB) and Canopy Growth (WEED), which have seen more bullish ratings month-over-month.
- The Motley Fool•4 days ago
This Long/Short Cannabis Investing Strategy Can Help Your Portfolio Get High Without the Hangover
Canopy Growth Corp. (TSX:WEED) and Aurora Cannabis Inc. (TSX:ACB) are two hot pot stocks. Here's why I'd short one, and go long the other.
The Motley Fool•5 days agoCanopy Growth Corp. Looks to List on the NYSE: Why This Could Send the Stock Soaring
Canopy Growth Corp. (TSX:WEED) looks to be the first cannabis company to list on the NYSE, and that could mean big things for its share price.
- The Motley Fool•6 days ago
Is Canopy Growth Still the Top Dog in Canada’s Marijuana Industry?
For a long time, Canopy Growth Corp. (TSX:WEED) has been the undisputed top dog in Canada’s burgeoning marijuana industry. But following some aggressive moves by rival Aurora Cannabis Inc. (TSX:ACB), is that still the case?
- The Canadian Press•6 days ago
Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange:
- The Motley Fool•7 days ago
Is Aurora Cannabis Inc. Now the Best Pot Stock to Invest in?
Aurora Cannabis Inc. (TSX:ACB) looks to be winning the arms race in the pot industry, but does that make the stock a winner?
- The Canadian Press•7 days ago
Aphria strikes deal with Southern Glazer's on cannabis distribution
Aphria Inc. says it has reached a deal that will see Southern Glazer's Wine & Spirits become its exclusive distributor of recreational cannabis products in Canada. The Leamington, Ont.-based cannabis producer says Southern Glazer's new Canadian subsidiary Great North Distributors, which will focus specifically on cannabis products, will represent the company when recreational use is legalized. Aphria says the deal with Southern Glazer's, one of North America's largest wine and spirits distributors, will give it coverage of all cannabis retailers across Canada on the first day of legal adult-use sales.
- Market Realist•7 days ago
Analysts Are More Bearish about Cronos Group in May
Cronos Group (CRON) reported its first-quarter earnings on May 15 with sales growth of almost 4.8x. Following the earnings release, the stock fell 5% on May 15 and fell another 3.4% on May 16 to 7.7 Canadian dollars. The company cut its recommendation to “sell” from “hold” but raised the price target to 6.5 Canadian dollars from 6 Canadian dollars.
- Market Realist•7 days ago
PI Financial Cuts Aurora Cannabis’s Price Target
On May 14, Aurora Cannabis (ACB) (ACBFF) announced that it agreed to acquire all of MedReleaf’s (MEDFF) outstanding common shares for about 3.2 billion Canadian dollars in one of the biggest deals in the cannabis sector (MJ). Following the news, MedReleaf stock was heavily traded with a volume of 3.3 million shares and closed at 25.3 Canadian dollars. Read MedReleaf Stock Rises on Aurora Cannabis Acquisition to learn more. Similar to Canopy Growth (WEED), the mean ratings for Aurora Cannabis also improved from 2.3 a month ago in April, which indicates that analysts were more bullish on the stock month-over-month.
- Market Realist•8 days ago
Why Analysts Are Loving Cannabis Stocks in May
With the anticipation of huge demand for cannabis, which translates into potential earnings growth, analysts are quite bullish on cannabis stocks in May. Most companies have seen increased bullishness over the last month, as we’ll discuss in this series. On May 15, Canopy Growth (WEED) stock was in the news again for its latest agreement to acquire Canopy Health Innovation and its subsidiary, Canopy Animal Health.
- Baystreet•8 days ago
Canadian Cannabis Companies Continue Global Domination Through Expansion and Innovation
A new report released by independent Washington D.C data analytics firm New Frontier Data has favourably ...
- The Motley Fool•9 days ago
Could the Marijuana Bubble Burst in 2018?
Could pot stocks like Canopy Growth Corp. (TSX:WEED) stand to lose more than 50% this year? That's a possibility, here's why.
CNW Group•9 days agoCanopy Rivers Pitch Day "Micro Cannabis, Macro Impact" Invites Cannabis Entrepreneurs to Share Their Vision and Compete for Capital
SMITHS FALLS, ON, May 16, 2018 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) ("Canopy Growth" or the "Company") is excited to join Canopy Rivers Corporation ("Canopy Rivers") in announcing a pitch day for up and coming cannabis entrepreneurs. As part of the event, Canopy Rivers will be offering up to $1,000,000 in seed capital to help cannabis entrepreneurs realize their business ideas in accordance with proposed regulations underneath the Cannabis Act (Bill C-45) and the new class of licenses including micro-growers, micro-processors, hemp production, lab testing, and other emerging industry segments including retail. Financial support, an industry leading ecosystem, and world-class expertise await the winners who, following a successful application, will be invited to pitch their vision to the Canopy Rivers team at the International Cannabis Business Conference in Vancouver, BC on June 24 and 25, 2018.
CNW Group•9 days agoCanopy Rivers Announces "Micro Cannabis, Macro Impact" Pitch Day For Cannabis Entrepreneurs
TORONTO, May 16, 2018 /CNW/ - Canopy Rivers Corporation ("Canopy Rivers", or the "Company") is excited to help foster growth in the Canadian cannabis landscape by hosting a pitch day for cannabis entrepreneurs ahead of impending adult use legalization. In accordance with the proposed regulations underneath the Cannabis Act (Bill C-45) and the new "micro" class of licenses, the Company is offering up to $1,000,000 of seed capital to support a diverse range of aspiring cannabis entrepreneurs.
