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, Bedrocan Canada, 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. 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.
Industry, Sector and Symbol
Industry Drug Manufacturers - Specialty & Generic
Sub-IndustryCannabis
SectorMedical
Phone+1-613-5999600
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$155.10 million
Profitability
Miscellaneous
Employees2,000
OptionableNot Optionable
Canopy Growth (TSE:WEED) Frequently Asked Questions
What is Canopy Growth's stock symbol?
Canopy Growth trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WEED."
What price target have analysts set for WEED?
4 analysts have issued 1-year price objectives for Canopy Growth's stock. Their forecasts range from C$40.00 to C$100.00. On average, they anticipate Canopy Growth's stock price to reach C$63.17 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Canopy Growth.
What is the consensus analysts' recommendation for Canopy Growth?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canopy Growth.
Has Canopy Growth been receiving favorable news coverage?
Media coverage about WEED stock has trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canopy Growth earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of Canopy Growth's key competitors?
Some companies that are related to Canopy Growth include Bausch Health Companies (BHC), Aurora Cannabis (ACB), Aphria (APHA), Knight Therapeutics (GUD), Green Organic Dutchman (TGOD), OrganiGram (OGI), Supreme Cannabis (FIRE), CV Sciences (CVSI), HLS Therapeutics (HLS), Depomed (ASRT), ICC Labs (ICC), Zomedica Pharmaceuticals (ZOM), WeedMD (WMD), Delta 9 Cannabis (NINE) and Biosyent (RX).
Who are Canopy Growth's key executives?
Canopy Growth's management team includes the folowing 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. VP & CFO
- Mr. Rade Kovacevic, Exec. VP
- Ms. Ann Gordon, VP of Corp. Fin.
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$61.08.
How big of a company is Canopy Growth?
Canopy Growth has a market capitalization of C$20.44 billion and generates C$155.10 million in revenue each year. Canopy Growth employs 2,000 workers across the globe.
What is Canopy Growth's official website?
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)
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.
