Canopy Growth Corporation (CGC) News

Canopy Growth Corporation (CGC)

Today's Latest Price: $33.56 USD

0.17 (0.51%)

Updated Jan 19 4:00pm

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Ranked of 239 in Medical - Pharmaceuticals

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Latest CGC News From Around the Web

Below are the latest news stories about Canopy Growth Corp that investors may wish to consider to help them evaluate CGC as an investment opportunity.

What Will The Psychedelics Space Look Like In 2021? Experts Weigh In

In 2020, psychedelics took the world by storm. Over two dozen companies in the sector became publicly listed . The industry grew closer to federal legalization of the first psychedelic compounds for therapeutic use. With scientific, regulatory and corporate developments becoming daily news, it’s easy to wonder what 2021 will bring to this burgeoning new space. “By the end of 2021, I expect the conversation about access to therapeutic outcomes using what were previously known as psychedelics to be a global conversation,” said Bruce Linton, former CEO and founder of cannabis giant Canopy Growth (NYSE: CGC ). “This conversation has got more points of active discussion occurring right now than the cannabis one had for the first five years,” he adds. 2021 will bring “an abrupt start to a rea...

Benzinga | January 18, 2021

Canopy Growth (TSX:WEED): Is Recent Growth Too Good to Be True?

Cannabis stocks have been on the rebound, but if there's one company I'm keeping an eye on it's Canopy Growth Corp. (TSX:WEED)(NYSE:CGC). The post Canopy Growth (TSX:WEED): Is Recent Growth Too Good to Be True? appeared first on The Motley Fool Canada .

The Motley Fool Canada | January 17, 2021

Canopy Rivers: 30% Price Increase Baked In, But There's Potential For More

Canopy Rivers (OTCPK:CNPOF) is a venture capital firm that invests in cannabis companies. Canopy Growth (CGC) created the company as an investment arm. They invest in various types of cannabis companies that are in incubation and creation stages, perhaps 1st, 2nd, and third-round investment stages. Since they do not produce...

D. H. Taylor on Seeking Alpha | January 15, 2021

2 Top Pot Stocks to Buy in 2021

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Village Farms International (TSX:VFF)(NASDAQ:VFF) are two top pot stocks to buy in 2021. The post 2 Top Pot Stocks to Buy in 2021 appeared first on The Motley Fool Canada .

The Motley Fool Canada | January 15, 2021

After Election Results, Sundial Is Still a Legalization Lottery Ticket

As you likely know, pot stocks are back in style. With the “blue wave” in Georgia, the Democratic Party now adds control of Congress atop its Presidential victory in November. This bodes well for Sundial Growers (NASDAQ:SNDL). Why? The election results greatly improve the chances that marijuana is legalized on the U.S. Federal level. That is the kind of game-changer hard-hit SNDL stock needs to get its motor running once again. Source: Shutterstock Yet, don’t take this to mean that Sundial’s fortunes have improved overnight. Still working on its turnaround, SNDL remains a very risky cannabis play. Sure, it’s gotten its debt problem under control. Plus, there’s more cash on hand to keep the lights on. But it is still an “also ran” name compared to larger players like Canopy Growth (NASDA...

Yahoo | January 15, 2021

Canopy Rivers: Cash-Rich After Selling Its Crown Jewels

Canopy Rivers (CNPOF) ("Rivers") has not been the best performer among Canadian cannabis stocks since our last analysis in 2018. The shares lost 78% of their value since the debt in September 2018 but have also recently risen to a 52-week high. The ups and downs of the stock had...

Cornerstone Investments on Seeking Alpha | January 14, 2021

Canopy growth announces filing of early warning report regarding terrascend corp. share option

Canopy Growth ([[CGC]] +2.6%) has filed an early warning report in connection with the acquisition of an option to purchase 1,072,450 common shares of TerrAscend.Earlier this month, Canopy entered into an agreement with an existing shareholder of TerrAscend to acquire the option for aggregate consideration of about $10.5M.Assuming the conversion of...

Seeking Alpha | January 14, 2021

Canopy Growth Increases Effective Ownership Of TerrAscend To 26.8%

Canopy Growth (TSX: WEED) (NASDAQ: CGC) appears to have a particular affinity for that of TerrAscend Corp (CSE: TER). The

The Deep Dive | January 14, 2021

Marijuana Stocks Jump On Democratic Senate; Are Any Good Buys Now?

Marijuana stocks surged as a Democratic Senate adds to cannabis legalization momentum. Are any pot stocks good buys now amid profitability challenges?

Yahoo | January 14, 2021

Aphria Stock, Marijuana Stocks Rally On Sales Beat, But Analyst Cites These Concerns

Aphria stock and other marijuana stocks jumped on Thursday, after the Canadian cannabis producer reported fiscal second-quarter revenue that beat expectations. The pot grower reported the results after it agreed to merge with rival Tilray — potentially creating a global weed-industry giant — and as more focus shifts to the U.S. and its legalization prospects. Aphria reported net sales of 160.5 million Canadian dollars, or around $126.57 million.

Yahoo | January 14, 2021

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