The Cannabis Market -- Where Only the Strong Will Survive [MarketWatch]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: MarketWatch
Dec 07, 2021 (Investor Brand Network via COMTEX) -- NetworkNewsWire Editorial Coverage : Even as the cannabis market continues expanding, pricing for wholesale cannabis has been under protracted pressure from oversupply and price cuts. Make no mistake -- the cannabis market is still robust with large upside, and survivors of this supply side shake-out should secure ever-greater market share. The pressures may be most prevalent in California, the world's biggest cannabis market, as light-deprivation crops reach market in 2021 and the potential for Type 5 cultivation licenses allowing for massive outdoor-growing facilities could be issued in California by 2023. To survive and thrive, companies will need to be nimble, diversify assets across the value chain and generate revenues from multiple venues. That's preaching to the choir for Los-Angeles-based Cannabis Strategic Ventures Inc. (OTC: NUGS) ( Profile . One of California's publicly traded cannabis cultivators, NUGS has been actively
Show less
Read more
Impact Snapshot
Event Time:
CGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CGC alerts
High impacting Canopy Growth Corporation - Common Shares news events
Weekly update
A roundup of the hottest topics
CGC
News
- Space Agriculture Market Size to Surpass US$ 12.96 Billion by 2033, The Brainy Insights [Yahoo! Finance]Yahoo! Finance
- Verano Holdings: Near-Term Potential Regulatory Change Would Unlock Significant Value [Seeking Alpha]Seeking Alpha
- The Big Mistake I See Cannabis Investors Making Over and Over Again [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canopy Growth Executives Share Master Plan To Dominate US Cannabis [Forbes]Forbes
- Canopy Growth Confirms Canopy USA's Exercise of Options to Acquire Wana and Jetty [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 2/9/24 - Miss
CGC
Sec Filings
- 5/7/24 - Form S-1
- 5/6/24 - Form 424B3
- 5/6/24 - Form 424B3
- CGC's page on the SEC website