CGC
Canopy GrowthCGC
CGC
About: Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
Employees: 1,029
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
321% more call options, than puts
Call options by funds: $96.9M | Put options by funds: $23M
0.38% less ownership
Funds ownership: 9.45% [Q2] → 9.08% (-0.38%) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
4% less funds holding
Funds holding: 225 [Q2] → 217 (-8) [Q3]
8% less capital invested
Capital invested by funds: $46.3M [Q2] → $42.8M (-$3.57M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for CGC.
Financial journalist opinion
Based on 11 articles about CGC published over the past 30 days
Positive
MarijuanaStocks
4 days ago
Canadian Marijuana Stocks To Watch To Close Out The Week
Marijuana stock investing in 2025 may be easier than you think. With a new year just getting started volatility could change to upward momentum. As 2025 is underway the chances to vote on bills and change the cannabis industry are upon us in the USA. In addition to other global regions looking to enter the space. What initially makes it easier is currently the sector is currently trading at low entry points.
Negative
Zacks Investment Research
6 days ago
Canopy Growth Corporation (CGC) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, Canopy Growth Corporation (CGC) closed at $2.21, indicating a -0.45% shift from the previous trading day.
Positive
Zacks Investment Research
1 week ago
Is Trending Stock Canopy Growth Corporation (CGC) a Buy Now?
Recently, Zacks.com users have been paying close attention to Canopy Growth (CGC). This makes it worthwhile to examine what the stock has in store.
Neutral
Zacks Investment Research
2 weeks ago
Canopy Growth Corporation (CGC) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Canopy Growth Corporation (CGC) closed at $2.87, indicating a -1.71% shift from the previous trading day.
Positive
MarijuanaStocks
2 weeks ago
Top Canadian Cannabis Stocks to Watch for Breakout Opportunities in 2025
The Canadian cannabis market remains a focal point for investors, driven by innovation and expansion into U.S. and global markets. As the U.S. cannabis industry is projected to surpass $41 billion in annual sales by 2025, Canadian companies are positioning themselves for growth. Recent legislative developments in the U.S., including discussions about federal legalization, have bolstered market optimism. These changes could pave the way for Canadian firms to expand operations or form strategic partnerships. Notably, companies like Tilray and Canopy Growth are diversifying portfolios to include U.S. hemp, CBD, and beverage markets, showcasing their adaptability.
Neutral
PRNewsWire
2 weeks ago
Canopy USA Announces Appointment of Mr. M. Brooks Jorgensen as President
A cannabis and beverage alcohol industry executive with more than 25 years of experience, Mr. Jorgensen will lead the unified Canopy USA organization forward with a focus on driving profitable growth across the U.S. With the completed acquisitions of Acreage, Wana, and Jetty, Canopy USA now enters a new chapter of growth across key segments including flower, edibles, vapes, extracts, and through an established retail presence in high potential markets across the Midwest and Northeast BOULDER, Colo.
Negative
Zacks Investment Research
3 weeks ago
Canopy Growth Corporation (CGC) Flat As Market Sinks: What You Should Know
In the closing of the recent trading day, Canopy Growth Corporation (CGC) stood at $2.74, denoting no change from the preceding trading day.
Neutral
MarijuanaStocks
3 weeks ago
Top Canadian Marijuana Stocks For Your 2025 Watchlist
Most marijuana stock investors are excited about the upcoming trading year. 2025 has lots of potential in various fashions that are keeping hopes high for investors and legal operators. To start there has been an increase in demand for more cannabis products. As well as more companies turning higher profits and breaking records almost every quarter. What this does is show others that the cannabis sector regardless of its downtrend is a space where ultimately money can be made. Yet with the large amount of volatile trading, it's been tough to take profits.
Negative
Market Watch
3 weeks ago
Cannabis sector limps into 2025 because ‘the gold rush is over'
Investors owning cannabis stocks will no doubt hope for a reversal of fortunes in 2025 after a year of bruising losses in equity prices tied to the business of legalized marijuana in the U.S.
Positive
Zacks Investment Research
3 weeks ago
Canopy Growth Corporation (CGC) is Attracting Investor Attention: Here is What You Should Know
Canopy Growth (CGC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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