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Canopy Growth (WEED) Competitors

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C$1.35 -0.03 (-2.17%)
As of 09/23/2026 04:00 PM Eastern

WEED vs. MJN, CRON, CARA, GUD, and THCX

Should you buy Canopy Growth stock or one of its competitors? Canopy Growth's main competitors and comparable companies include Cronos Group (MJN), Cronos Group (CRON), Cara Operations (CARA), Knight Therapeutics (GUD), and Hydropothecary (THCX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "pharmaceuticals" industry.

How does Canopy Growth compare to Cronos Group?

Canopy Growth (TSE:WEED) and Cronos Group (CVE:MJN) are both small-cap healthcare companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, valuation, dividends, institutional ownership, earnings and media sentiment.

In the previous week, Canopy Growth's average media sentiment score of 0.00 equaled Cronos Group'saverage media sentiment score.

Company Overall Sentiment
Canopy Growth Neutral
Cronos Group Neutral

Cronos Group has a net margin of 0.00% compared to Canopy Growth's net margin of -73.95%. Cronos Group's return on equity of 0.00% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy Growth-73.95% -29.85% -3.83%
Cronos Group N/A N/A N/A

Cronos Group has lower revenue, but higher earnings than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$293.63M1.94-C$1.05B-C$0.67N/A
Cronos GroupN/AN/AN/AN/AN/A

Canopy Growth presently has a consensus price target of C$1.88, indicating a potential upside of 38.89%. Given Canopy Growth's stronger consensus rating and higher possible upside, equities research analysts plainly believe Canopy Growth is more favorable than Cronos Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Cronos Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

4.3% of Canopy Growth shares are owned by institutional investors. 0.2% of Canopy Growth shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Canopy Growth beats Cronos Group on 6 of the 9 factors compared between the two stocks.

How does Canopy Growth compare to Cronos Group?

Cronos Group (TSE:CRON) and Canopy Growth (TSE:WEED) are both small-cap healthcare companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, risk, media sentiment, institutional ownership, earnings and profitability.

4.3% of Cronos Group shares are held by institutional investors. Comparatively, 4.3% of Canopy Growth shares are held by institutional investors. 46.4% of Cronos Group shares are held by insiders. Comparatively, 0.2% of Canopy Growth shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Cronos Group has a net margin of 38.95% compared to Canopy Growth's net margin of -73.95%. Cronos Group's return on equity of 6.46% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Cronos Group38.95% 6.46% -3.73%
Canopy Growth -73.95%-29.85%-3.83%

Cronos Group currently has a consensus target price of C$4.92, suggesting a potential upside of 2.22%. Canopy Growth has a consensus target price of C$1.88, suggesting a potential upside of 38.89%. Given Canopy Growth's higher possible upside, analysts plainly believe Canopy Growth is more favorable than Cronos Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cronos Group
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Cronos Group has higher earnings, but lower revenue than Canopy Growth. Canopy Growth is trading at a lower price-to-earnings ratio than Cronos Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cronos GroupC$179.09M9.90-C$32.78MC$0.1925.32
Canopy GrowthC$293.63M1.94-C$1.05B-C$0.67N/A

Cronos Group has a beta of 1.29991, indicating that its stock price is 30% more volatile than the broader market. Comparatively, Canopy Growth has a beta of 1.634762, indicating that its stock price is 63% more volatile than the broader market.

In the previous week, Cronos Group's average media sentiment score of 0.00 equaled Canopy Growth'saverage media sentiment score.

Company Overall Sentiment
Cronos Group Neutral
Canopy Growth Neutral

Summary

Cronos Group beats Canopy Growth on 11 of the 14 factors compared between the two stocks.

How does Canopy Growth compare to Cara Operations?

Cara Operations (TSE:CARA) and Canopy Growth (TSE:WEED) are both small-cap healthcare companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, profitability, earnings, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

Cara Operations has higher earnings, but lower revenue than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cara OperationsN/AN/AN/AN/AN/A
Canopy GrowthC$293.63M1.94-C$1.05B-C$0.67N/A

Canopy Growth has a consensus price target of C$1.88, indicating a potential upside of 38.89%. Given Canopy Growth's stronger consensus rating and higher possible upside, analysts plainly believe Canopy Growth is more favorable than Cara Operations.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cara Operations
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Cara Operations has a net margin of 0.00% compared to Canopy Growth's net margin of -73.95%. Cara Operations' return on equity of 0.00% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Cara OperationsN/A N/A N/A
Canopy Growth -73.95%-29.85%-3.83%

4.3% of Canopy Growth shares are owned by institutional investors. 0.2% of Canopy Growth shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Cara Operations' average media sentiment score of 0.00 equaled Canopy Growth'saverage media sentiment score.

Company Overall Sentiment
Cara Operations Neutral
Canopy Growth Neutral

Summary

Canopy Growth beats Cara Operations on 6 of the 9 factors compared between the two stocks.

How does Canopy Growth compare to Knight Therapeutics?

Knight Therapeutics (TSE:GUD) and Canopy Growth (TSE:WEED) are both small-cap healthcare companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability, media sentiment and risk.

Knight Therapeutics has a beta of -0.290935, suggesting that its stock price is 129% less volatile than the broader market. Comparatively, Canopy Growth has a beta of 1.634762, suggesting that its stock price is 63% more volatile than the broader market.

Knight Therapeutics presently has a consensus target price of C$9.50, indicating a potential downside of 5.85%. Canopy Growth has a consensus target price of C$1.88, indicating a potential upside of 38.89%. Given Canopy Growth's higher possible upside, analysts clearly believe Canopy Growth is more favorable than Knight Therapeutics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Knight Therapeutics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

22.7% of Knight Therapeutics shares are held by institutional investors. Comparatively, 4.3% of Canopy Growth shares are held by institutional investors. 45.6% of Knight Therapeutics shares are held by company insiders. Comparatively, 0.2% of Canopy Growth shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Knight Therapeutics had 1 more articles in the media than Canopy Growth. MarketBeat recorded 1 mentions for Knight Therapeutics and 0 mentions for Canopy Growth. Knight Therapeutics' average media sentiment score of 0.00 equaled Canopy Growth'saverage media sentiment score.

Company Overall Sentiment
Knight Therapeutics Neutral
Canopy Growth Neutral

Knight Therapeutics has higher revenue and earnings than Canopy Growth. Canopy Growth is trading at a lower price-to-earnings ratio than Knight Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Knight TherapeuticsC$547.31M1.81-C$30.73MC$0.1567.27
Canopy GrowthC$293.63M1.94-C$1.05B-C$0.67N/A

Knight Therapeutics has a net margin of 2.72% compared to Canopy Growth's net margin of -73.95%. Knight Therapeutics' return on equity of 1.91% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Knight Therapeutics2.72% 1.91% 0.51%
Canopy Growth -73.95%-29.85%-3.83%

Summary

Knight Therapeutics beats Canopy Growth on 11 of the 15 factors compared between the two stocks.

How does Canopy Growth compare to Hydropothecary?

Hydropothecary (CVE:THCX) and Canopy Growth (TSE:WEED) are both small-cap healthcare companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, analyst recommendations, earnings, valuation and profitability.

Canopy Growth has a consensus target price of C$1.88, indicating a potential upside of 38.89%. Given Canopy Growth's stronger consensus rating and higher probable upside, analysts plainly believe Canopy Growth is more favorable than Hydropothecary.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hydropothecary
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

4.3% of Canopy Growth shares are held by institutional investors. 0.2% of Canopy Growth shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Hydropothecary's average media sentiment score of 0.00 equaled Canopy Growth'saverage media sentiment score.

Company Overall Sentiment
Hydropothecary Neutral
Canopy Growth Neutral

Hydropothecary has a net margin of 0.00% compared to Canopy Growth's net margin of -73.95%. Hydropothecary's return on equity of 0.00% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
HydropothecaryN/A N/A N/A
Canopy Growth -73.95%-29.85%-3.83%

Hydropothecary has higher earnings, but lower revenue than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HydropothecaryN/AN/AN/AN/AN/A
Canopy GrowthC$293.63M1.94-C$1.05B-C$0.67N/A

Summary

Canopy Growth beats Hydropothecary on 6 of the 9 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WEED vs. The Competition

MetricCanopy GrowthPharmaceuticals IndustryHealthcare SectorTSE Exchange
Market CapC$571.10MC$12.60BC$7.31BC$12.84B
Dividend Yield4.80%2.63%2.52%6.27%
P/E Ratio-2.01792.28274.0840.36
Price / Sales1.94862.22638.219.35
Price / Cash1.6388.6477.8082.29
Price / Book0.8310.5910.474.69
Net Income-C$1.05BC$2.81BC$3.49BC$299.09M
7 Day Performance3.05%-0.11%-0.67%0.01%
1 Month Performance-7.53%-1.34%-3.17%-2.14%
1 Year Performance-31.82%2.86%15.14%20.17%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WEED
Canopy Growth
1.787 of 5 stars
C$1.35
-2.2%
C$1.88
+38.9%
-26.2%C$571.10MC$293.63MN/A2,700
MJN
Cronos Group
N/AC$12.15
-1.9%
N/A+0.0%C$1.73BN/AN/A7,600
CRON
Cronos Group
1.2957 of 5 stars
C$4.46
-1.3%
C$4.92
+10.2%
+32.1%C$1.64BC$179.09M23.47610
CARA
Cara Operations
N/AN/AN/AN/AC$1.62BN/AN/A80
GUD
Knight Therapeutics
0.3685 of 5 stars
C$9.96
-0.6%
C$9.50
-4.6%
+67.1%C$978.39MC$547.31M66.40830

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This page (TSE:WEED) was last updated on 9/24/2026 by MarketBeat.com Staff.
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