Canopy Growth Tom Franck | CNBC Canadian cannabis company Canopy Growth said Tuesday it’s consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market. The...
Tag: Canopy
Cannabis company Canopy applauds Biden marijuana pardons, stock surges
Canopy Growth operations in Smiths Falls, Ontario. Tom Franck | CNBC Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of mari...
Apple, Netflix, Biogen, Canopy Growth and more
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a report that th...
Canopy Growth swings to big loss as revenue falls 19%
Canopy Growth Corp. CGC, -8.48% WEED, -6.91% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, comp...
Canopy Growth shares fall after it agrees to convert debt into stock in deal with Constellation Brands
Canopy Growth Corp. CGC, -16.29% WEED, -17.37% fell 17% in premarket trades on Thursday after the company said it reached an agreement with Constellation Brands Inc. STZ, -4.36% to convert about $198 ...
Canopy Growth tanks on Q4 results: ‘achieving profitability is critical’
Shares of Canopy Growth Corp (NASDAQ: CGC) are down nearly 20% on Friday after the cannabis company reported its fourth-quarter results that came in shy of Wall Street expectations. Notable figures in...
Don’t sell Canopy Growth at these low levels
Vista Outdoor: “That’s actually one of the most inexpensive stocks in the entire market. Just so you know, they’re actually featuring CamelBak right now and Bell, the helmet company,...
Bernstein launches coverage of Canada’s Tilray, Cronos and Canopy Growth but stops short of any buy ratings
Sanford C. Bernstein & Co. analyst Nadine Sarwat initiated coverage of three Canadian cannabis stocks on Wednesday but stopped short of any buy recommendations at current levels. “Is the buzz gone...