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TSE:WEED

Canopy Growth (WEED) Stock Price, News & Analysis

C$10.07
+0.16 (+1.61%)
(As of 07/26/2024 ET)
Today's Range
C$9.94
C$10.26
50-Day Range
C$8.47
C$14.81
52-Week Range
C$3.74
C$26.00
Volume
898,861 shs
Average Volume
2.42 million shs
Market Capitalization
C$755.75 million
P/E Ratio
N/A
Dividend Yield
4.80%
Price Target
C$6.88

Canopy Growth MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.60 Rating Score
Upside/​Downside
31.7% Downside
C$6.88 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.02mentions of Canopy Growth in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
C$37,603 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.15 out of 5 stars

WEED stock logo

About Canopy Growth Stock (TSE:WEED)

Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.

WEED Stock Price History

WEED Stock News Headlines

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Canopy Growth (TSE:WEED) Stock Price Down 3.3%
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
See More Headlines
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Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
Cannabis
CIK
N/A
Fax
N/A
Employees
2,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$6.88
High Stock Price Target
C$11.00
Low Stock Price Target
C$1.80
Potential Upside/Downside
-31.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
C$-1,180,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$362.24 million
Cash Flow
C$6.18 per share
Book Value
C$6.57 per share

Miscellaneous

Free Float
N/A
Market Cap
C$755.75 million
Optionable
Not Optionable
Beta
1.85
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Key Executives

  • Mr. Bruce A. Linton (Age 52)
    Co-Founder, Chairman & Co-CEO
  • Mr. Mark Anthony Nicholas Zekulin
    Pres & Co-CEO
  • Mr. Timothy Rob Saunders
    Exec. Officer
  • Mr. Rade Kovacevic
    Exec. VP
  • Mr. Mike Lee
    Acting Chief Financial Officer

WEED Stock Analysis - Frequently Asked Questions

How have WEED shares performed this year?

Canopy Growth's stock was trading at C$6.76 at the start of the year. Since then, WEED shares have increased by 49.0% and is now trading at C$10.07.
View the best growth stocks for 2024 here
.

How do I buy shares of Canopy Growth?

Shares of WEED stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canopy Growth own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canopy Growth investors own include Aurora Cannabis (ACB), Aphria (APHA), Auxly Cannabis Group (CBWTF), KushCo (KSHB) and Cronos Group (CRON).

This page (TSE:WEED) was last updated on 7/26/2024 by MarketBeat.com Staff

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