Canopy Growth, the largest marijuana stock, has fallen after a post-election rally. And Canada is still dealing with coronavirus-related lockdowns. Is CGC stock a buy right now? READ MORE: https://finance.yahoo.com/m/a72862de-cc5e-3ff8-aa5d-7e9bc39a83f6/any-reason-to-buy-canopy.html?.tsrc=rss
As of 11:05 a.m. EDT, shares of Canopy Growth (NASDAQ: CGC) have fallen 5.8%, Tilray (NASDAQ: TLRY) is down 6%, and Aurora Cannabis (NASDAQ: ACB) is bringing up the rear with a 6.3% decline. The past several days have seen a series of cuts to marijuana stock price targets among Wall Street analysts, you see, in advance of Aurora Cannabis’…
Canopy Growth Corp. analyst Pablo Zuanic on Monday cut his 12-month price target on Canopy Growth Corp. , to C$21 from C$30.50 on a lower sales outlook for the Canadian cannabis company amid price pressure in the business. Zuanic reiterated a neutral rating on the stock and said he expects September quarterly sales to fall to C$135 million, compared to…
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or “the Company”) today announced the voting results from its annual general and special meeting of shareholders held on September 14, 2021 (the “Meeting”). READ MORE: https://finance.yahoo.com/news/canopy-growth-announces-results-annual-140000628.html?.tsrc=rss
Canopy Growth Corporation has launched its first line of CBD vapes and consumers will soon be able to purchase them at Circle K convenience stores. The product line, called whisl, features interchangeable pods in three formulas, each containing 200 milligrams of hemp-derived CBD with no THC The pods are designed “to deliver the wellness effects of CBD from morning, throughout…
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or “the Company”) announced today that CEO David Klein will present virtually at the 2021 Barclays Global Consumer Staples Conference on Wednesday, September 8, 2021 at 3:20pm ET. The presentation is expected to cover the company’s progress against its business transformation, overview of the U.S. businesses, and key U.S. strategic business…
Canopy Growth, the largest marijuana stock, has fallen after a post-election rally. And Canada is still dealing with coronavirus-related lockdowns. Is CGC stock a buy right now? READ MORE: https://finance.yahoo.com/m/a72862de-cc5e-3ff8-aa5d-7e9bc39a83f6/any-reason-to-buy-canopy.html?.tsrc=rss
Canopy Growth Reports First Quarter Fiscal 2022 Financial Results SMITHS FALLS, ON, Aug. 6, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter fiscal 2022 ended June 30, 2021. All financial information in this press release is reported in Canadian […] READ MORE: https://www.newcannabisventures.com/canopy-growth-q1-revenue-falls-short-of-expectations-at-136-million/
Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter fiscal 2022 ended June 30, 2021. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. READ MORE: https://finance.yahoo.com/news/canopy-growth-reports-first-quarter-110000649.html?.tsrc=rss
A flurry of marijuana-related amendments in the Senate boost the prospects for marijuana — and CBD as well. READ MORE: https://finance.yahoo.com/m/42c23449-701a-3abd-88d1-0e69cbd519ef/why-aurora-cannabis%2C-canopy.html?.tsrc=rss
Trading volumes indicate that traders have been buying calls and selling puts in anticipation of a favorable earnings report. READ MORE: https://finance.yahoo.com/m/401dc677-4a8c-382d-96d4-21656dad7b23/option-traders-high-on-canopy.html?.tsrc=rss
Despite a marijuana boom amid the pandemic, some Canadian cannabis stocks have failed to generate profits. There are many reasons for this, including fewer legal stores than anticipated, a smaller market than that of the U.S., black-market sales eating into revenue, and regulatory holdups. Popular Canadian players including Aurora Cannabis (NASDAQ: ACB) and Canopy Growth (NASDAQ: CGC) have been struggling for a while…