Can Canopy Growth Stock Finally Recover in 2026, as Donald Trump Might Ease Cannabis Restrictions? [Yahoo! Finance Canada]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance Canada
Cannabis stocks surged last Friday on reports that President Donald Trump plans to ease federal marijuana restrictions. Tilray Brands shares soared 44% while Canopy Growth TSX:WEED ) jumped over 50% as investors anticipated the reclassification of cannabis from Schedule I to Schedule III under the Controlled Substances Act. The move would reduce oversight to levels comparable to common prescription painkillers. Moreover, rescheduling could eliminate the Section 280E tax burden that prevents cannabis companies from deducting ordinary business expenses. Canopy Growth and peers will also have access to traditional banking in the U.S., which will reduce borrowing costs and boost profit margins. Valued at a market cap of $787 million, the Canada-based marijuana giant has lost 50% of its value in 2025. Despite the recent uptick, Canopy Growth stock is down 99% from all-time highs. Is Canopy Growth stock a good buy right now? In the fiscal second quarter (Q2) of 2026 (ended in Sep
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News
- Canopy Growth (TSX:WEED): Repricing Its Valuation After Historic U.S. Cannabis Reclassification and Turnaround Moves [Yahoo! Finance]Yahoo! Finance
- President Donald Trump Just Fast-Tracked the Rescheduling of Marijuana, and Pot Stocks Plunged -- Here's the Nefarious Reason Why [Yahoo! Finance]Yahoo! Finance
- Down 99% in 5 Years, Is It Finally Time to Buy This Stock? [Yahoo! Finance]Yahoo! Finance
- Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal [MoneySense]MoneySense
- Canopy Growth Is Surging and Analysts Still Think It Can Gain 40% from Here [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 11/7/25 - Beat
CGC
Sec Filings
- 12/15/25 - Form 8-K
- 11/7/25 - Form 8-K
- 11/7/25 - Form 10-Q
- CGC's page on the SEC website