Workflow
Canopy Growth(CGC)
icon
Search documents
Canadian Gold Corp. Hammond Reef South Surface Sample Returns 11.6 gpt Expanding New Gold Discovery & Provincial (Ontario) Funding Grant Awarded to Help Advance Exploration
Newsfile· 2024-09-25 12:30
. . . | --- | --- | |---------------------------------------------------------------------------------------------|-------| | | | | Canadian Gold Corp. Hammond Reef South | | | Surface Sample Returns 11.6 gpt Expanding New Gold Discovery & Provincial (Ontario) Funding | | | Grant Awarded to Help Advance Exploration | | September 25, 2024 8:30 AM EDT | Source: Canadian Gold Corp. Toronto, Ontario--(Newsfile Corp. - September 25, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pl ...
Why Canopy Growth Corporation (CGC) Dipped More Than Broader Market Today
ZACKS· 2024-09-20 23:06
In the latest trading session, Canopy Growth Corporation (CGC) closed at $4.64, marking a -1.49% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Prior to today's trading, shares of the company had lost 23.29% over the past month. This has lagged the Medical sector's gain of 1.44% and the S&P 500's gain of 2.06% in that time. The investment community will be paying ...
Canopy Growth Urges Shareholders to Cast their Vote for the Upcoming Annual Meeting Today
Prnewswire· 2024-09-11 11:30
Shareholders are Encouraged to Vote Well in Advance of the Proxy Deadline on September 20, 2024 at 1:00 p.m. (Eastern time) Company Releases Q&A About Annual Meeting Quorum Your Vote is Important! If you need assistance with voting your shares please contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at [email protected] SMITHS FALLS, ON, Sept. 11, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today urges its shareholders to vote ah ...
STORZ & BICKEL Debuts Inaugural "Smokeless September Challenge" to Educate Consumers on the Advantages of Vaporization
Prnewswire· 2024-08-29 14:38
Switch to Vaporizing and Try the VENTY TUTTLINGEN, Germany, Aug. 29, 2024 /PRNewswire/ - STORZ & BICKEL GmbH ("STORZ & BICKEL"), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), today announced the launch of a new inaugural campaign, the Smokeless September Challenge. This initiative invites consumers to take a break from combustion throughout September and experience the advantages of vapor ...
Must-buy stocks if Kamala Harris wins the U.S. election
Finbold· 2024-08-28 12:59
The financial markets are closely monitoring the upcoming U.S. election, as the outcome will likely have significant implications for the broader economy. Both candidates, Donald Trump and Kamala Harris, have outlined their policies, which are expected to influence investment strategies. With projections indicating a tight race, Vice President Harris can clinch the White House. For market-savvy investors who believe her win could impact the equities markets, here are three stocks to consider if she emerges ...
3 Of Today's Top Canadian Marijuana Stock Picks For Investors
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2024-08-16 14:19
Here Are Some Canadian Marijuana Stocks To Watch Mid-August What's next for marijuana stock investors as the sector's recent rise in trading has people talking. Recently there has been an increase in trading that allowed some investors to take profits. Yet in true cannabis fashion, this rise in trading was short-lived. Yet it is moments like this where newfound confidence can be found when looking to invest in legal cannabis. The growth and boom of legal cannabis are still going strong and developing day by ...
Canopy Growth Announces CEO Succession Plan
Prnewswire· 2024-08-16 12:00
David Klein, CEO to retire at the end of the Company's fiscal year Board of Directors expresses continued confidence in the Company's strategic direction and leadership team A comprehensive CEO selection process has been initiated to identify a successor This news release constitutes a "designated news release" for the purposes of Canopy Growth's prospectus supplement dated June 6, 2024 to its short form base shelf prospectus dated June 5, 2024. SMITHS FALLS, ON, Aug. 16, 2024 /PRNewswire/ - Canopy Growth C ...
Canopy Growth Stock: Can It Sustain Recent Gains?
MarketBeat· 2024-08-14 15:32
Canopy Growth Today CGC Canopy Growth $6.88 +0.08 (+1.18%) 52-Week Range $2.76 ▼ $19.20 Price Target $4.53 Add to Watchlist Canopy Growth NASDAQ: CGC is one of the North American players in the cannabis industry. The company's shares have seen massive fluctuations since going public in 2014 under the name Tweed Incorporated. The company's value reached nearly $20 billion in early 2021 but now sits at just $575 million. That current valuation is despite the fact that over the last 12 months, shares are up 69 ...
Here's Why Tilray Brands Has Become a Much Better Buy Than Canopy Growth
The Motley Fool· 2024-08-14 10:45
Core Viewpoint - Tilray Brands has been expanding its operations and improving its financial performance, positioning itself as a more favorable investment compared to Canopy Growth in the cannabis industry [2][4][5]. Group 1: Company Strategies - Tilray Brands has diversified its business by expanding into the alcohol industry, acquiring beverage brands, and becoming a top craft brewer in the U.S. market [4]. - Canopy Growth's strategy is heavily reliant on the potential legalization of cannabis in the U.S., creating a special purpose vehicle, Canopy USA, to hold positions in U.S.-based businesses [3]. Group 2: Financial Performance - Tilray reported an adjusted gross margin of 53% in its alcohol business, compared to 40% in cannabis, and reduced its operating loss to $16.5 million from $90 million year-over-year, with net revenue growing by 25% to $229.9 million [5]. - Canopy Growth's operating loss for the three-month period ended June 30 was CA$29.1 million ($21.2 million), an improvement from CA$54.7 million in the prior-year period, but its revenue declined by 14% to CA$75.8 million [6]. Group 3: Investment Outlook - Despite both companies experiencing significant stock declines over the past three years, Tilray's expansion into alcohol may provide better future results and widen the gap with Canopy Growth [7]. - While Tilray is seen as a better investment option, there are still uncertainties regarding its long-term profitability and growth sustainability [8].
Why Canopy Growth Stock Popped on Monday
The Motley Fool· 2024-08-12 15:40
Newsflash: When marijuana is legalized, Americans will buy marijuana legally. Canopy Growth (CGC 1.89%) stock inched 3.2% higher through 10:35 a.m. ET Monday after marijuana news source Marijuana Moment reported on a new positive development for the (legalized) marijuana industry: According to cannabis telehealth platform NuggMD, most Americans now prefer to buy their weed from legal sources. The legal marijuana market There are caveats to this conclusion. As Marijuana Moment describes, NuggMD's survey focu ...