|Bid||67.20 x 0|
|Ask||67.23 x 0|
|Day's Range||63.76 - 67.79|
|52 Week Range||10.22 - 74.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.94|
Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) remains an intriguing long-term investment option, particularly as the legalization date looms.
Forget Aurora Cannabis Inc. (TSX:ACB)! Canopy Growth (TSX:WEED)(NYSE:CGC) and Bruce Linton have a consolidation solution up their sleeves!
All it takes is a single share of Canopy Growth Corp (TSX:WEED)(NYSE:CGC) under your name to be banned from the U.S. forever. Not only is your capital at risk in pot stocks, but so is your ability to travel south. Is it worth the risk?
Earlier in this series, we discussed a recent development in which Coca-Cola (KO) was reported to be in talks with Aurora Cannabis (ACB) (ACBFF) to develop a cannabis-infused drink (MJ). The planned legalization of recreational cannabis in Canada is presenting a new market for non-cannabis players to explore. Thus, it is no surprise to see that Canopy Growth (CGC) (WEED) and HEXO (HEXO) have both pursued deals with alcoholic beverage companies.
On September 17, BNN Bloomberg reported that Aurora Cannabis (ACB) (ACBFF) and Coca-Cola (KO) are in “serious talks” to develop cannabis-infused beverages. Coca-Cola joins alcoholic beverage makers Constellation Brands (STZ) and Molson Coors (TAP), which have already formed partnerships with major Canadian cannabis companies Canopy Growth (WEED) (CGC) and HEXO (HEXO), respectively.
Canopy Rivers Inc. (the “Company”) (formerly AIM2 Ventures Inc. (“AIM2”)) is pleased to announce that it has completed its previously announced business combination (the “Transaction”) with Canopy Rivers Corporation (“Canopy Rivers”) as well as the exchange of the subscription receipts (the “Subscription Receipts”) issued in connection with Canopy Rivers’ previously announced $104 million private placement offering (the “Offering”) co-led by CIBC Capital Markets and GMP Securities L.P., as joint book-runners, and together with Eight Capital as co-lead agents. The Company has received conditional approval for the Transaction from the TSXV and the New Subordinated Voting Shares are expected to commence trading on the TSXV under the ticker symbol “RIV” at the commencement of trading on Thursday, September 20, 2018.
After doing a deal with Molson Coors, Hexo Corp (TSX:HEXO) is working on a cannabis-infused alcoholic drink. Will it pay off?
Pot legalization is coming next month, and big cannabis producers like Canopy Growth Corp (TSX:WEED)(NYSE:CGC) will be affected in a big way. What does that mean for investors?
This marijuana stock is skyrocketing on reports that Coke wants to make a deal for developing cannabis-infused beverages.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and HEXO Corp. (TSX:HEXO) have emerged as early leaders in the race to tap the upcoming cannabis-infused beverage market.
Last week, the Horizons Marijuana Life Sciences ETF (HMMJ) fell 1% from its close on September 7. During this period, the Emerging Marijuana Growers Index ETF (HMJR) gained 3.5%, while the ETFMG Alternative Harvest ETF (MJ) gained 2.8%. The overall cannabis industry was mixed after the huge rally leading up to last week.
NIAGARA-ON-THE-LAKE, ON, Sept. 17, 2018 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED.TO - News) (NYSE:CGC - News) is pleased to announce that its Tweed Farms Inc. ("Tweed Farms") site has received licence amendments approving all remaining greenhouse space, bringing the Company's total licensed footprint to approximately 3.2 million sq. ft. The Company's Canadian platform is now 57% licensed with the balance under aggressive development towards the previously announced 5.6 million sq. ft. target production footprint. This target excludes significant production capacity projects underway at Canopy Rivers' partners and supply available to Canopy Growth through third-party agreements.
Don't even think about buying Canopy Growth (TSX:WEED)(NYSE:CGC) after it skyrocketed 113% from its summer bottom.
Why "story" stocks such as Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Aurora Cannabis Inc (TSX:ACB), which are trading at price-to-sales multiples well in excess of 100, are due for a rude awakening.
Canada Goose (TSX:GOOS)(NYSE:GOOS) and Canopy Growth (TSX:WEED)(NYSE:CGC) stocks have blown past industry peers in 2018 so far.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Hexo Corp. (TSX:HEXO) are two of the largest Cannabis players in the market, but which of these is the best for your portfolio?
Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) has been a huge winner. Here's where the next Canopy is hiding.
Investing.com - Shares of restaurant and video game chain Dave & Buster’s jumped midday, while interest-rate sensitive sectors reacted to the United States 10-Year yield topping 3% briefly.
Down as much as 16% in the last week, Canopy Growth Corp (TSX:WEED)(NYSE:WEED) and other marijuana stocks' bubbles may be bursting.