Why Canopy Growth, Cronos, and Aurora Cannabis Stocks Popped on Monday [Yahoo! Finance]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance
According to Senate Majority Leader Chuck Schumer (D-N.Y.), the Senate is on course to pass new cannabis banking rules in the not-too-distant future. And while we've heard this song before, investors are starting to hum along again anyway. As of 10:35 a.m. ET, shares of Canopy Growth (NASDAQ: CGC) were up about 0.3%, Cronos Group (NASDAQ: CRON) shares had gained 1.7%, and Aurora Cannabis (NASDAQ: ACB) was doing best of all -- up 6.5%. Senators support marijuana banking reform In an article on Friday, cannabis-focused news site Marijuana Moment described how the Secure And Fair Enforcement Regulation (SAFER) Banking Act has bipartisan Congressional support, and could be passed in the coming months. The House of Representatives has passed versions of this law seven times, but all have failed in the Senate. This time around, SAFER has passed a vote before the Senate Banking Committee and is ready for the full Senate. If passed, it would permit marijuana companies to take out loans
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News
- Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross ProceedsPR Newswire
- Why Canopy Growth, Tilray, and Cronos Group Stocks Just Cratered [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Stock: Expect A Crash After The High [Seeking Alpha]Seeking Alpha
CGC
Earnings
- 2/9/24 - Miss
CGC
Sec Filings
- 4/30/24 - Form 424B3
- 4/30/24 - Form 424B3
- 4/30/24 - Form 8-K
- CGC's page on the SEC website