Canopy Growth Stock Is Jumping. Is It Overdue for a Much Bigger Rally? [Globe and Mail, The (Toronto, Canada)]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Globe and Mail, The
Renewed hopes for marijuana reform in the U.S. have been giving the stock a boost of late. The company has gotten smaller in an effort to reduce spending, but its losses remain significant. Canopy Growth (NASDAQ: CGC) has been rallying lately, as excitement has been growing in the marijuana industry. The U.S. government recently announced it rescheduled medical marijuana from a Schedule I substance to Schedule III, and that news has helped give Canopy Growth's stock a boost. So far in 2026, the pot stock is up around just 2%, but it's been picking up steam over the past month, rallying more than 30%. With the stock taking a beating in recent years, could it be overdue for more of a rally, and is news around marijuana rescheduling in the U.S. just what it needs for its share price to soar even higher? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technolo
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
- Canopy Growth Stock Is Jumping. Is It Overdue for a Much Bigger Rally? [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Corporation (CGC) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canopy Growth Is Rallying Again. But Is It a Dead Cat Bounce? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canopy Growth Is Rallying Again. But Is It a Dead Cat Bounce? [Yahoo! Finance]Yahoo! Finance
- Canopy Growth jumps as U.S. moves to ease medical marijuana restrictions [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 2/6/26 - Miss
CGC
Analyst Actions
- 3/27/26 - CANACCORD
CGC
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- CGC's page on the SEC website