Here's Why I Wouldn't Touch Canopy Growth Stock With a 10-Foot Pole [Yahoo! Finance Canada]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance Canada
Valued at a market cap of $623 million, Canopy Growth TSX:WEED ) is among the largest cannabis companies in the world. The marijuana stock has grossly underperformed the broader markets since Canada legalized cannabis for recreational use in October 2018. Today, WEED stock is down 99% from all-time highs as it has wrestled with multiple headwinds in recent years. Canopy Growth and its peers have grappled with oversupply of cannabis products, high inventory levels, overvalued acquisitions, low profit margins, rising competition, and cannibalization from the illegal market. Let's see why Canopy Growth stock remains a high-risk investment in January 2026. Is Canopy Growth stock a good buy right now? Canopy Growth posted its strongest quarterly performance in recent years in the second quarter of fiscal 2026 (ended in September), but significant challenges remain, making the cannabis company a risky bet for investors. The company reported a $3 million adjusted EBITDA (earning
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CGC
News
- 2026 Asset Growth: Why Federal Compliance Is the New MetricGlobeNewswire
- Canopy Growth Corporation (CGC) Dips More Than Broader Market: What You Should Know [Yahoo! Finance Canada]Yahoo! Finance Canada
- Should You Buy This Cannabis Stock While It's Under $2? [Yahoo! Finance]Yahoo! Finance
- Does Marijuana Rescheduling in the U.S. Make Canopy Growth a Good Buy in 2026? [Yahoo! Finance]Yahoo! Finance
- 2 Stocks That Could Turn $100,000 Into $0 Faster Than You Think [Yahoo! Finance Canada]Yahoo! Finance Canada
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