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TSE:WEED - Canopy Growth Stock Price, Forecast & News

C$20.38
-0.96 (-4.50 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
C$20.14
Now: C$20.38
C$22.54
50-Day Range
C$14.14
MA: C$22.88
C$29.98
52-Week Range
C$12.96
Now: C$20.38
C$70.98
Volume3.03 million shs
Average Volume3.06 million shs
Market CapitalizationC$7.13 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.
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Canopy Growth logo

Industry, Sector and Symbol

Industry Drug Manufacturers - Specialty & Generic
Sub-IndustryCannabis
SectorMedical
CUSIPN/A
CIKN/A
Phone+1-613-5999600

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$384.91 million
Cash FlowC$7.80 per share
Book ValueC$15.05 per share

Profitability

Miscellaneous

Employees2,700
Market CapC$7.13 billion
Next Earnings DateN/A
OptionableNot Optionable

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Canopy Growth (TSE:WEED) Frequently Asked Questions

How has Canopy Growth's stock been impacted by COVID-19 (Coronavirus)?

Canopy Growth's stock was trading at C$18.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WEED stock has increased by 11.2% and is now trading at C$20.38. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Canopy Growth?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canopy Growth.

What price target have analysts set for WEED?

9 brokerages have issued 12 month price targets for Canopy Growth's stock. Their forecasts range from C$21.00 to C$75.00. On average, they expect Canopy Growth's share price to reach C$44.15 in the next year. This suggests a possible upside of 116.7% from the stock's current price. View analysts' price targets for Canopy Growth.

Has Canopy Growth been receiving favorable news coverage?

News stories about WEED stock have trended very positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canopy Growth earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutCanopy Growth.

Who are some of Canopy Growth's key competitors?

What other stocks do shareholders of Canopy Growth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canopy Growth investors own include Canopy Growth (CGC), Aurora Cannabis (ACB), Aphria (APHA), Aurora Cannabis (ACB), Auxly Cannabis Group (CBWTF), KushCo (KSHB), Cronos Group (CRON), Aurora Cannabis (ACBFF), GW Pharmaceuticals PLC- (GWPH) and Alibaba Group (BABA).

Who are Canopy Growth's key executives?

Canopy Growth's management team includes the following people:
  • Mr. Bruce A. Linton, Co-Founder, Chairman & Co-CEO (Age 52)
  • 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

What is Canopy Growth's stock symbol?

Canopy Growth trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WEED."

How do I buy shares of Canopy Growth?

Shares of WEED and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Canopy Growth's stock price today?

One share of WEED stock can currently be purchased for approximately C$20.38.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of C$7.13 billion and generates C$384.91 million in revenue each year. Canopy Growth employs 2,700 workers across the globe. View additional information about Canopy Growth.

What is Canopy Growth's official website?

The official website for Canopy Growth is http://www.canopygrowth.com/.

How can I contact Canopy Growth?

Canopy Growth's mailing address is 1 Hershey Dr, SMITHS FALLS, ON K7A 0A8, Canada. The company can be reached via phone at +1-613-5999600.


MarketBeat Community Rating for Canopy Growth (TSE WEED)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  622 (Vote Outperform)
Underperform Votes:  576 (Vote Underperform)
Total Votes:  1,198
MarketBeat's community ratings are surveys of what our community members think about Canopy Growth and other stocks. Vote "Outperform" if you believe WEED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WEED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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