Canopy Growth shares on track for its seventh day trading in the red [Seeking Alpha]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Seeking Alpha
This cannabis company has lost about 54% in the last 12 months but YTD, the stock has outperformed the broader S&P 500 market which rose 7.41% as compared to CGC's gain of 36.6%. In the last month the stock has climbed 90%. According to Seeking Alpha's Quant Ratings , this Canada-based company has a Hold rating with a score of 3.01 out of 5. When it comes to Wall Street analysis , 8 out of 13 analysts recommend a Hold, 3 rate it as a Strong Sell, 1 rates it as a Sell and 1 rates it as a Buy. Seeking Alpha analysts have a Sell rating on the company. On Monday, Canopy Growth said its shareholders approved creation of a new class of exchangeable shares, enabling acceleration of its entry into the U.S. retail cannabis market. The cannabis industry is awaiting U.S. federal review regarding potential rescheduling of marijuana from high risk to a low-risk category. SA analyst Alexander Carchidi said that Canopy Growth's shares have risen in the past month due to the potential
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CGC
News
- Acreage Reports Fourth Quarter and Full Year 2023 Financial Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Acreage Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Obtains Shareholder Approval to Move Ahead With Canopy USA: Here's What It Means for Investors [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Set For U.S. Cannabis Markets [Seeking Alpha]Seeking Alpha
- 1 Stock I Wouldn't Touch With a 10-Foot Pole [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 2/9/24 - Miss
CGC
Sec Filings
- 4/19/24 - Form SC
- 4/19/24 - Form 4
- 4/19/24 - Form 424B3
- CGC's page on the SEC website