|Bid||45.72 x 0|
|Ask||45.73 x 0|
|Day's Range||45.14 - 46.45|
|52 Week Range||32.01 - 76.68|
|Beta (3Y Monthly)||5.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As well as Canopy Growth Corp (TSX:WEED)(NYSE:CGC) has done over the years, its dominance in the industry may soon be a distant memory.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) are showing signs of a rebound, but investors should be cautious right now.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) has struggled in recent months, and it may be a while before we see investors get excited about the stock again.
The past week has seen Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) and its peers generate a lot of headlines. Catch up with a few developments here.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is reeling from the unexpected termination of Bruce Linton. The stock lost so much power, which is a telling sign that investors should hold off on buying WEED.
On Thursday, Bank of America downgraded Aurora Cannabis stock (ACB) to “neutral” from its previous “buy” rating. Here's why.
Aurora Cannabis Inc. has been downgraded by Bank of America Merrill Lynch, citing concern over the company’s cash burn and pending debt payments.
If I were to rate the Top 3 cannabis companies today, Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) would rank no.1 and Aphria Inc. (TSX:APHA)(NYSE:APHA) in third. Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) has fallen to second best.
Brightfield Group estimates that the CBD market could hit about $23.7 billion by 2023. However, regulatory hurdles could impact the US market.
With the slump in Canopy Growth Corp. (TSX:WEED)(NYSE:CGC)'s stock price, it might be time to consider this stock instead.
Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) is the best positioned cultivator to take advantage of the growing legal marijuana market.
If you'd invested $10,000 in Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) at the beginning of the year, you'd have this much today.
On Monday, OrganiGram (OGI) reported its third-quarter earnings. Following the company's earnings, we reported how it performed in the third quarter. To learn more, read OrganiGram’s Third-Quarter Earnings. Interestingly, OrganiGram stressed that the growth would be heavily driven by retail stores opening in Ontario and Quebec. The company stated that legalizing edibles and derivative products […]