Does Marijuana Rescheduling in the U.S. Make Canopy Growth a Good Buy in 2026? [Yahoo! Finance]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance
Canopy Growth is a Canada-based producer, which won't benefit from the changes. Investors may be hopeful that this can be a first step toward U.S. legalization, but that can be a risky assumption. 10 stocks we like better than Canopy Growth › For years, Canopy Growth (NASDAQ: CGC) was seen as a top marijuana stock to own. It was a leading company based in Canada that was focused on growth and rapid expansion throughout the country, and eyeing opportunities in the U.S. Unfortunately, things haven't panned out as the company had hoped. As a result, it's not only been doing badly, it could easily be one of the worst stocks you could have owned during the past five years. In that stretch, it has lost more than 99% of its value Today, with a market cap of $500 million, the stock has gotten more attention of late due to news of the U.S. rescheduling marijuana to a less dangerous category. Could this be what helps turn Canopy Growth's fortunes around? Last month, U.S. President
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
- Should You Buy This Cannabis Stock While It's Under $2? [Yahoo! Finance]Yahoo! Finance
- 2 Stocks That Could Turn $100,000 Into $0 Faster Than You Think [Yahoo! Finance Canada]Yahoo! Finance Canada
- Will Canopy Growth Keep the Losing Streak Going in 2026? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canopy Growth Is Making Big Moves In Its Cannabis Business [Seeking Alpha]Seeking Alpha
- Canopy Growth Announces Strategic Recapitalization Transactions [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 11/7/25 - Beat
CGC
Sec Filings
- 1/16/26 - Form EFFECT
- 1/15/26 - Form 424B3
- 1/9/26 - Form S-3
- CGC's page on the SEC website