Should You Buy This Cannabis Stock While It's Under $2? [Yahoo! Finance]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance
Although there has been recent progress in the U.S., that is unlikely to change Canopy Growth's prospects. 10 stocks we like better than Canopy Growth › Buying a stock for a mere $2 may sound cheap on the surface, but that's only the case if there are good reasons to expect it to increase in value significantly. Take Canopy Growth (NASDAQ: CGC) , a leading cannabis player in Canada. Its shares are currently trading for less than $2 apiece, but does that make the company an attractive investment? Not necessarily. Read on to find out why. Canopy Growth may be one of the largest pot growers in Canada, with a vast portfolio of products across dried cannabis flower, vapes, cannabis-infused drinks, and more. Beyond Canada, it has a presence in several other countries worldwide. However, the market north of our border has been profoundly disappointing. Legalization in Canada hasn't led to the market size many had anticipated. With limited opportunities compared to expectations,
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
- 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
- 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