CSIMarket Company Name, Ticker, Customers, else..
 
Canopy Growth Corporation  (CGC)
Other Ticker:  
 
 
Price: $4.0900 $-0.11 -2.619%
Day's High: $4.23 Week Perf: -7.47 %
Day's Low: $ 4.07 30 Day Perf: -15.67 %
Volume (M): 2,920 52 Wk High: $ 14.92
Volume (M$): $ 11,943 52 Wk Avg: $6.15
Open: $4.23 52 Wk Low: $2.76



 Market Capitalization (Millions $) 293
 Shares Outstanding (Millions) 72
 Employees 2,500
 Revenues (TTM) (Millions $) -24
 Net Income (TTM) (Millions $) -1,039
 Cash Flow (TTM) (Millions $) -386
 Capital Exp. (TTM) (Millions $) 7

Canopy Growth Corporation
Canopy Growth Corporation is a leading diversified cannabis and hemp company that operates in nearly every aspect of the industry. The company was founded in 2013 and is headquartered in Smiths Falls, Ontario, Canada. Canopy Growth Corporation is publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the stock symbol WEED and CGC respectively.

The company has a strong focus on innovation and research in the cannabis industry. Canopy Growth Corporation has developed a reputation as a world leader in cannabis cultivation, processing, and distribution. From its inception, the company has sought to be a responsible and sustainable business, offering a range of environmentally-friendly products and solutions to reduce energy consumption.

Canopy Growth Corporation has a wide range of subsidiaries operating in different sectors of cannabis and hemp industry. Its subsidiaries include Canopy Health Innovations Inc. (CHI), Canopy Rivers Corporation, and Global Cannabis Applications Corp. (GCAC). CHI is a research and development organization that focuses on the development of cannabis-based medical products. Canopy Rivers Corporation is a venture capital firm focused on investing in companies that are developing innovative cannabis products and technologies. GCAC is a software company that develops mobile applications for cannabis users.

The company has cultivation and distribution facilities across Canada, Europe, and Latin America. Canopy Growth Corporation was the first cannabis company in North America to be publicly traded and has been a trailblazer in the cannabis industry.

Canopy Growth Corporation's product offerings include dried cannabis, cannabis oils, soft gel capsules, and edibles, among others. Its products are sold under various brands, including Tweed, Spectrum Therapeutics, and DNA Genetics, among others. The company's products are available for purchase through retail outlets and online.

Overall, Canopy Growth Corporation is one of the largest, most diversified, and most innovative cannabis and hemp companies in the world, driven by its passion for responsible cultivation, sustainable practices, and a commitment to delivering high-quality, safe cannabis products.


   Company Address: 1 Hershey Drive Smiths Falls 0 ON
   Company Phone Number: 558-9333   Stock Exchange / Ticker: NASDAQ CGC


   

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Stocks on the Move

Canopy Growth Corporation Springs Forward in Legal Cannabis Industry, Defying Market Expectations

Published Thu, Jul 25 2024 4:37 AM UTC

In recent news, Canopy Growth Corporation (CGC) has garnered attention for its dynamic performance within the legal cannabis industry. While the market has experienced fluctuations, Canopy Growth has showcased resilience and potential for growth, capturing the interest of investors and analysts alike.On July 23rd, Canopy Growth Corp (WEED) faced a downturn, which had a signi...
Personnel Announcements

Canopy Growth Sees Potential Market Boost as Germany Legalizes Cannabis

Published Fri, Mar 22 2024 2:16 PM UTC



CANOPY GROWTH CELEBRATES PASSAGE OF CANNABIS LEGALIZATION IN GERMANY
Removal of narcotic status for cannabis expected to accelerate growth of the German medical cannabis market
SMITHS FALLS, ON, March 22, 2024 - Canopy Growth Corporation (Canopy Growth or the Company) (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, is rejoicing as G...
Canopy Growth Corporation

Canopy Growth Corporation stuns market with record-breaking earnings in Q2 2023



Canopy Growth Corporation, a leading legal cannabis company, recently announced some significant financial results for the second quarter of 2023. While the revenue shows substantial growth, the company has experienced increasing losses. Additionally, declining inventories and accounts receivable could indicate potential challenges ahead. This article delves into the implications of these financial results and their possible impact on Canopy Growth Corporation's future.
Revenue Soars, but Losses Pile Up:
Canopy Growth Corporation reported an impressive year-on-year revenue elevation of 115.575%, reaching $26.94 million for the second quarter of 2023. However, the company's net losses also increased, soaring to $-0.33 per share, compared to $-0.05 per share in the previous reporting period. This widening loss reflects the challenges the company has faced in generating profitability despite strong revenue growth.
Canopy Growth Corporation

Evanescence of Diminishing Returns in Q2 2023: Canopy Growth Corporation's Astounding Financial Turnaround


As a senior financial analyst at the Wall Street Journal, I am obligated to keep a close eye on market trends and interpret financial results accurately for our esteemed readers. Today, I present to you my analysis of the recent financial results of Canopy Growth Corporation, a leading player in the Legal Cannabis sector.
For the fiscal period spanning April to June 30, 2023, Canopy Growth Corporation showcased impressive improvements in its financial performance. The company reported a drastic reduction in its loss per share, with $-0.05 per share, compared to $-4.01 in the previous year. This represents a substantial increase in profitability year-on-year. Moreover, the earnings per share (EPS) improved significantly from $-1.09 per share in the previous reporting period.
Canopy Growth Corporation

Canopy Growth Corporation Faces Quarter 4's Stock Shockwave with $-1.09 Loss Per Share - A Dramatic Pivot from Last Year's Figures!

Canopy Growth Corporation Faces Challenging Quarter, Raises Concerns for Investors
In the recently released financial report for the fourth quarter of 2023, Canopy Growth Corporation (CGC) reported a net loss of $-554.091 million. This represents a significant increase compared to the $-443.218 million loss reported in the same quarter last year. The company's losses in terms of earnings per share also widened, now at $-5.42 compared to $-0.59 in the prior fiscal year. This represents a staggering decrease of -109.64% from the $445.98 million reported a year ago.
Canopy Growth Corporation has been struggling to generate profits in recent quarters, which is a cause for concern among investors. While the reported loss of $-1.09 per share in the fourth quarter of 2023 is a slight improvement from the loss of $-1.12 per share in the same quarter the previous year, it has not been enough to inspire confidence in the company's financial performance.






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