Canadian Cannabis Companies to Eye in February 2024As we navigate through 2024, the Canadian cannabis sector and top marijuana stocks remain a hotbed of investment opportunities. With Canada at the forefront of cannabis legalization, several companies have emerged as key players. Overall, these firms range from large-scale producers to niche market innovators. Investors are keenly watching these stocks. This week, particular attention is on those demonstrating strong financial health, strategic partnerships ...

Canopy Growth Corporation (CGC) closed at $4.79 in the latest trading session, marking a -0.83% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.76%.Coming into today, shares of the company had lost 5.48% in the past month. In that same time, the Medical sector gained 1.65%, while the S&P 500 gained 3.36%.The investment community will be closely monitoring the performance of ...

SMITHS FALLS, ON, Jan. 26, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the third quarter fiscal year 2024 ended December 31, 2023 before financial markets open on February 9, 2024. Following the release of its third quarter fiscal year 2024 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on February 9, at 10AM Eastern Time. Webcast Information A live au ...

SMITHS FALLS, ON, Jan. 24, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the introduction of new product offerings across the Company's adult use and medical cannabis portfolio, including new Tweed softgels and oils featuring minor cannabinoids, a large format flower offering from Tweed, as well as new medical exclusive pre-roll products from 7ACRES and Spectrum Therapeutics. "In addit ...

Will Federal Reform Lead To Bounce For Marijuana Stocks?With almost the first month of 2024 gone legal cannabis is put on the front lines once again. Over the next several months we will see more states try to not only pass legalization measures but improve upon existing laws. Although cannabis is still federally illegal more than half of the US has legalized cannabis in some form. Whether it is a recreational market or a medical market being able to operate legally is a major win. Yet it is only one of the ...

In the latest market close, Canopy Growth Corporation (CGC) reached $4.41, with a +0.92% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a gain of 0.36%, and the technology-centric Nasdaq increased by 0.32%.Coming into today, shares of the company had lost 14.98% in the past month. In that same time, the Medical sector gained 2.3%, while the S&P 500 gained 1.61%.Analysts and investors alike will be keeping a ...

Cannabis stocks like Canopy Growth (CGC -1.58%) and Tilray Brands (TLRY 3.09%) are obvious places for investors to look for growth. Thanks to their place in a rapidly growing and multinational industry, both companies have an impressive slate of opportunities to pursue.At least in theory. As it turns out, one of these players is much more likely to delight investors with strong returns than the other.Canopy is trimming the fat, but growth remains a struggleCanopy's near future looks a lot like its past. Ove ...

SMITHS FALLS, ON, Jan. 18, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the "Subscription Agreements"), dated as of January 18, 2024, with certain institutional investors (the "Investors") in a private placement offering (the "Offering") of 8,158,510 units ("Units") at a price per Unit of US$4.29 for aggregate gross proceeds of approximately US$35 million.  The purpose of the Offe ...

Canopy Growth Corporation (NASDAQ:CGC) Q2 2024 Results Conference Call November 9, 2023 5:30 PM ET Company Participants Tyler Burns - Director, IR David Klein - CEO Judy Hong - CFO Conference Call Participants Aaron Grey - Alliance Global Partners John Zamparo - CIBC Michael Lavery - Piper Sandler Operator Good afternoon. My name is Jovel and I will be your conference operator today. I would like to welcome you to Canopy Growth's Second Quarter Fiscal Year 2024 Financial Results Conference Call. At this tim ...

There have been no material changes to income tax matters in connection with normal course operations during the six months ended September 30, 2023. The Company is subject to income tax in numerous jurisdictions with varying income tax rates. During the most recent period ended and the fiscal year to date, there were no material changes to the statutory income tax rates in the taxing jurisdictions where the majority of the Company's income for tax purposes was earned, or where its temporary differences or ...