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Canopy Growth Corp

WEED.TO

Latest Trade

23.49CAD

Change

3.18(+15.66%)

Volume

6,735,852

Today's Range

21.22

 - 

24.50

52 Week Range

18.23

 - 

70.98

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
20.31
Open
21.36
Volume
6,735,852
3M AVG Volume
40.18
Today's High
24.50
Today's Low
21.22
52 Week High
70.98
52 Week Low
18.23
Shares Out (MIL)
348.57
Market Cap (MIL)
7,079.39
Forward P/E
-3.76
Dividend (Yield %)
--

Next Event

Q3 2020 Canopy Growth Corp Earnings Release

Latest Developments

More

Neptune Announces An Amended And Restated Agreement With Canopy

Canopy Says Achieving Q4 Fiscal 2020 Net Revenues Of C$250 Mln Increasingly Unlikely

Canopy Growth Reports Qtrly Loss Per Share Of $1.08

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About Canopy Growth Corp

Canopy Growth Corp, formerly Tweed Marijuana Inc, is a Canada-based multi-brand cannabis company. The Company, through its subsidiaries Tweed Inc, Bedrocan Canada Inc, Tweed Farms Inc and Mettrum Health Corp is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.

Industry

Biotechnology & Drugs

Contact Info

1 Hershey Dr

+1.613.5999600

https://www.canopygrowth.com/

Executive Leadership

David Eric Klein

Chairman of the Board

Rade Nikola Kovacevic

President

Mark Zekulin

Chief Executive Officer

Mike Lee

Acting Chief Financial Officer

Olivier Dufourmantelle

Senior Vice President - Strategic Expansion and Continuous Improvement

Key Stats

2.52 mean rating - 21 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2017

0.0K

2018

0.1K

2019

0.2K

2020(E)

0.5K
EPS (CAD)

2017

-0.130

2018

-0.400

2019

-2.570

2020(E)

-5.423
Price To Earnings (TTM)
--
Price To Sales (TTM)
20.57
Price To Book (MRQ)
1.32
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
11.29
LT Debt To Equity (MRQ)
11.03
Return on Investment (TTM)
-41.37
Return on Equity (TTM)
-34.00

Latest News

Latest News

CANADA STOCKS-TSX opens lower on U.S.-China trade tensions; Canopy Growth jumps

Canada's main stock index opened lower on Wednesday, as sentiment soured on concerns over political strain between the United States and China, but gains in shares of cannabis producer Canopy Growth Corp limited losses.

UPDATE 4-Pot producer Canopy Growth reels under slow retail store openings

Canopy Growth Corp said on Thursday it may miss targets for fourth quarter revenue as regulation slows store openings, adding to signs of weakness in the legal cannabis market and hammering shares across the sector.

Pot company Canopy Growth reports bigger loss

Canopy Growth Corp reported a bigger quarterly loss on Thursday, as the Canadian pot producer was hit by restructuring and inventory charges as part of its portfolio review.

Pot producer Hexo Corp cuts 200 jobs to rein in costs

Canadian cannabis producer Hexo Corp <HEXO.TO> said on Thursday it cut 200 jobs as it controls costs amid slower than expected store rollouts and as the government delays approval for cannabis derivative products.

Canopy Growth names shareholder Constellation's CFO as chairman

Cannabis producer Canopy Growth Corp <WEED.TO> <CGC.N> said on Thursday it appointed top shareholder Constellation Brands Inc's <STZ.N> chief financial officer, David Klein, as chairman of its board.

Canopy Growth names Constellation Brands CFO David Klein as new chair of board

Cannabis producer Canopy Growth Corp said on Thursday it has appointed Constellation Brands Inc Chief Financial Officer David Klein as the new chair of its board, effective immediately.

UPDATE 2-Corona maker Constellation hit by pot investment loss

Constellation Brands Inc slid to a loss in the second quarter as the maker of Corona and Modelo beers booked millions of dollars in losses from its investment in pot company Canopy Growth Corp.

Canopy Growth posts bigger quarterly loss on C$1.2 bln charge

Canopy Growth Corp, Canada's largest cannabis company, reported a bigger quarterly loss on Wednesday, as it took a one-time charge of C$1.2 billion related to the expiry of warrants held by Constellation Brands, which holds a major stake in the company.

Canopy Growth co-CEO Bruce Linton says he was fired

Canopy Growth Corp <WEED.TO> <CGC.N> founder and co-Chief Executive Officer Bruce Linton said he was fired, a surprise move that comes just a week after its largest shareholder expressed disappointment over the company's loss-making streak.

Canopy Growth co-CEO Bruce Linton to step down

Canadian cannabis producer Canopy Growth Corp said on Wednesday Bruce Linton will step down as co-chief executive officer, effective immediately.

Weed leader Canopy Growth done with buying smaller producers: CEO

The biggest of Canada's booming pot growers, Canopy Growth Corp, has further to go on a string of acquisitions that has seen it suck up at least 12 smaller firms in a year, but it is done buying other producers, Chief Executive Officer Bruce Linton said.

UPDATE 1-Canopy Growth fourth-quarter revenue beats as cannabis sales soar

Pot producer Canopy Growth Corp reported better-than-expected quarterly revenue on Thursday, as efforts to strengthen its retail operations paid off and increased production capacity resulted in higher sales following Canada's legalization of recreational cannabis.

Canopy Growth reports more than four-fold rise in fourth-quarter revenue

Canadian pot producer Canopy Growth Corp reported a more than four-fold jump in quarterly revenue on Thursday, benefiting from higher sales following Canada's legalization of recreational cannabis.

Canopy Growth pushes into Cannabis beauty and wellness with This Works buy

Canopy Growth Corp said on Wednesday it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules.

Acreage shareholder Marcato to vote against deal with Canopy Growth

Acreage Holdings Inc shareholder Marcato Capital Management LP said on Monday it would vote against the company's proposed $3.4 billion deal with Canopy Growth Corp.

Acreage shareholder Marcato to vote against deal with Canopy Growth

Asset manager Marcato Capital Management LP, a shareholder of Acreage Holdings Inc, said on Monday it would vote against the company's proposed deal with Canopy Growth Corp.

Hedge fund Marcato opposes Acreage's sale to cannabis producer Canopy

Hedge fund Marcato Capital Management said on Monday it opposed marijuana company Acreage Holdings Inc's $3.4 billion sale to rival Canopy Growth Corp, arguing Acreage was too hasty in agreeing to a deal at too low a price.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Canopy Growth to buy Acreage in $3.4 billion deal

Canopy Growth Corp said on Thursday it had secured a right to buy Acreage Holdings Inc for $3.4 billion once the United States legalizes the production and sale of cannabis.

Canopy Growth to acquire Acreage in $3.4 bln deal

Canadian marijuana producer Canopy Growth Corp said on Thursday it would buy U.S.-based pot firm Acreage Holdings in a deal valued at $3.4 billion.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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