Why Canopy Growth Stock Popped Today [Yahoo! Finance]
Canopy Growth Corporation - Common Shares (CGC)
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Source: Yahoo! Finance
10 stocks we like better than Canopy Growth › Canopy Growth (NASDAQ: CGC) stock soared 17% through 12:50 p.m. ET Friday on some positive marijuana news out of the White House. As The Washington Post reports, President Trump aims to reschedule pot in the near future. This is not quite "legalization", but it's apparently enough to get marijuana investors excited today. The Post cites six persons confirming Trump's plan: to issue an executive order instructing the Justice Department to reclassify marijuana as a Schedule III drug, more like "common prescription painkillers and other drugs" such as Tylenol with codeine, than like hard drugs such as heroin or LSD. The Post 's sources say this will happen in January. Other sources tell CNBC the President might sign his order as early as Monday. Either way, it might take a few months to implement the regulations and make the change official. What would this mean for investors in Canopy Growth stock? Rescheduling wouldn't legalize
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CGC
News
- I Think Canopy Growth Is Already Priced For Rescheduling [Seeking Alpha]Seeking Alpha
- The Daily Chase: Inflation holds steady [BNN Bloomberg (Canada)]BNN Bloomberg
- Canopy Growth to buy MTL Cannabis in deal valued at $125-million [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canopy Growth signs deal to buy MTL Cannabis in agreement valued at $125M [BNN Bloomberg (Canada)]BNN Bloomberg
- Canopy Growth signs deal to buy MTL Cannabis in agreement valued at $125M [Yahoo! Finance Canada]Yahoo! Finance Canada
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