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Canopy Growth (WEED) Competitors

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C$1.35 0.00 (0.00%)
As of 09/3/2026 04:00 PM Eastern

WEED vs. MJN, CRON, CARA, DB, and DHT.UN

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), Decibel Cannabis (DB), and DRI Healthcare Trust (DHT.UN). 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?

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

4.5% 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Cronos Group had 1 more articles in the media than Canopy Growth. MarketBeat recorded 1 mentions for Cronos Group and 0 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 0.76 beat Cronos Group's score of 0.51 indicating that Canopy Growth is being referred to more favorably in the news media.

Company Overall Sentiment
Cronos Group Positive
Canopy Growth Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cronos GroupN/AN/AN/AN/AN/A
Canopy GrowthC$293.63M2.07-C$1.05B-C$0.67N/A

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
Cronos GroupN/A N/A N/A
Canopy Growth -73.95%-29.85%-3.83%

Canopy Growth has a consensus target price of C$1.88, suggesting 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 Cronos Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cronos Group
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

Summary

Canopy Growth beats Cronos Group on 7 of the 11 factors compared between the two stocks.

How does Canopy Growth compare to Cronos Group?

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

4.5% of Canopy Growth shares are owned by institutional investors. Comparatively, 4.4% of Cronos Group shares are owned by institutional investors. 0.2% of Canopy Growth shares are owned by company insiders. Comparatively, 46.4% of Cronos Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Canopy Growth's average media sentiment score of 0.76 beat Cronos Group's score of 0.00 indicating that Canopy Growth is being referred to more favorably in the media.

Company Overall Sentiment
Canopy Growth Positive
Cronos Group Neutral

Canopy Growth presently has a consensus target price of C$1.88, suggesting a potential upside of 38.89%. Cronos Group has a consensus target price of C$4.92, suggesting a potential upside of 10.24%. Given Canopy Growth's higher probable upside, equities 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)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Canopy Growth has a beta of 1.634762, indicating that its stock price is 63% more volatile than the broader market. Comparatively, Cronos Group has a beta of 1.13355, indicating that its stock price is 13% more volatile than the broader market.

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
Canopy Growth-73.95% -29.85% -3.83%
Cronos Group 38.95%6.46%-3.73%

Cronos Group has lower revenue, but higher earnings 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
Canopy GrowthC$293.63M2.07-C$1.05B-C$0.67N/A
Cronos GroupC$179.09M9.17-C$32.78MC$0.1923.47

Summary

Cronos Group beats Canopy Growth on 10 of the 15 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 investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, risk, analyst recommendations and media sentiment.

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$293.63M2.07-C$1.05B-C$0.67N/A

4.5% 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 is poised for long-term growth.

Canopy Growth has a consensus price target of C$1.88, suggesting 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 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

In the previous week, Canopy Growth's average media sentiment score of 0.76 beat Cara Operations' score of 0.00 indicating that Canopy Growth is being referred to more favorably in the news media.

Company Overall Sentiment
Cara Operations Neutral
Canopy Growth Positive

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%

Summary

Canopy Growth beats Cara Operations on 7 of the 10 factors compared between the two stocks.

How does Canopy Growth compare to Decibel Cannabis?

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

In the previous week, Decibel Cannabis had 1 more articles in the media than Canopy Growth. MarketBeat recorded 1 mentions for Decibel Cannabis and 0 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 0.76 beat Decibel Cannabis' score of 0.00 indicating that Canopy Growth is being referred to more favorably in the news media.

Company Overall Sentiment
Decibel Cannabis Neutral
Canopy Growth Positive

Decibel Cannabis has a net margin of -3.78% compared to Canopy Growth's net margin of -73.95%. Decibel Cannabis' return on equity of -1.05% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Decibel Cannabis-3.78% -1.05% 3.04%
Canopy Growth -73.95%-29.85%-3.83%

Decibel Cannabis currently has a consensus target price of C$0.18, indicating a potential downside of 90.33%. Canopy Growth has a consensus target price of C$1.88, indicating a potential upside of 38.89%. Given Canopy Growth's higher probable upside, analysts plainly believe Canopy Growth is more favorable than Decibel Cannabis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Decibel Cannabis
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
Canopy Growth
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Decibel CannabisC$127.08M0.55-C$1.03M-C$0.15N/A
Canopy GrowthC$293.63M2.07-C$1.05B-C$0.67N/A

0.0% of Decibel Cannabis shares are owned by institutional investors. Comparatively, 4.5% of Canopy Growth shares are owned by institutional investors. 1.1% of Decibel Cannabis shares are owned by company insiders. Comparatively, 0.2% of Canopy Growth shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Decibel Cannabis has a beta of 0.321627, meaning that its share price is 68% less volatile than the broader market. Comparatively, Canopy Growth has a beta of 1.634762, meaning that its share price is 63% more volatile than the broader market.

Summary

Decibel Cannabis beats Canopy Growth on 9 of the 17 factors compared between the two stocks.

How does Canopy Growth compare to DRI Healthcare Trust?

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

Canopy Growth has a beta of 1.634762, suggesting that its share price is 63% more volatile than the broader market. Comparatively, DRI Healthcare Trust has a beta of 0.365327, suggesting that its share price is 63% less volatile than the broader market.

In the previous week, DRI Healthcare Trust had 2 more articles in the media than Canopy Growth. MarketBeat recorded 2 mentions for DRI Healthcare Trust and 0 mentions for Canopy Growth. DRI Healthcare Trust's average media sentiment score of 1.49 beat Canopy Growth's score of 0.76 indicating that DRI Healthcare Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Canopy Growth Positive
DRI Healthcare Trust Positive

Canopy Growth presently has a consensus price target of C$1.88, indicating a potential upside of 38.89%. DRI Healthcare Trust has a consensus price target of C$25.20, indicating a potential upside of 44.33%. Given DRI Healthcare Trust's stronger consensus rating and higher possible upside, analysts clearly believe DRI Healthcare Trust is more favorable than Canopy Growth.

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
DRI Healthcare Trust
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

4.5% of Canopy Growth shares are owned by institutional investors. Comparatively, 0.8% of DRI Healthcare Trust shares are owned by institutional investors. 0.2% of Canopy Growth shares are owned by company insiders. Comparatively, 0.1% of DRI Healthcare Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

DRI Healthcare Trust has a net margin of 5.02% compared to Canopy Growth's net margin of -73.95%. DRI Healthcare Trust's return on equity of 2.06% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy Growth-73.95% -29.85% -3.83%
DRI Healthcare Trust 5.02%2.06%4.22%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$293.63M2.07-C$1.05B-C$0.67N/A
DRI Healthcare TrustC$172.34M5.57C$9.73M-C$0.80N/A

Summary

DRI Healthcare Trust beats Canopy Growth on 11 of the 17 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$606.55MC$12.25BC$7.26BC$12.57B
Dividend Yield4.80%2.59%2.53%6.25%
P/E Ratio-2.01787.27273.2939.47
Price / Sales2.07753.78613.459.82
Price / Cash1.6394.8077.8282.29
Price / Book0.8312.3312.894.71
Net Income-C$1.05BC$2.82BC$3.47BC$299.09M
7 Day Performance-3.57%2.59%0.60%-0.31%
1 Month Performance2.27%6.95%5.73%3.12%
1 Year Performance-29.32%9.45%25.35%28.73%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WEED
Canopy Growth
2.0043 of 5 stars
C$1.35
flat
C$1.88
+38.9%
-29.7%C$606.55MC$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
1.8139 of 5 stars
C$4.68
+0.4%
C$4.92
+5.1%
+28.2%C$1.72BC$179.09M24.63450
CARA
Cara Operations
N/AN/AN/AN/AC$1.62BN/AN/A80
DB
Decibel Cannabis
0.7723 of 5 stars
C$1.93
+2.9%
C$0.18
-90.9%
+1,292.3%C$1.11BC$127.08MN/A83,000

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This page (TSE:WEED) was last updated on 9/4/2026 by MarketBeat.com Staff.
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