Canopy Growth Corp. (CGC)

43.52
NYSE : Process Industries
Prev Close 42.77
Day Low/High 43.16 / 45.20
52 Wk Low/High 16.74 / 59.25
Avg Volume 9.70M
Exchange NYSE
Shares Outstanding 343.58M
Market Cap 14.73B
EPS -0.30
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

Thoughts on Pot

We Puffed the Magic Dragon...

* And frolicked in the autumn mist in a land called RealMoneyPro Puff, the magic dragon lived by the sea And frolicked in the autumn mist in a land called Honahlee Little Jackie paper loved that rascal puff And brought him strings and sealing wax an...

Tape Reading

* I am open to all "tells"! Though I am disciplined in approach, as I outlined in my Price-Value opener today, it doesn't mean that I am not open to looking at other factors. One of those things I do all the time is to try to read the tape -- to see...

Chart of the Day, Part 2: A Closer Look at Constellation's Big Cannabis Bet

Chart of the Day, Part 2: A Closer Look at Constellation's Big Cannabis Bet

Canopy Growth's smoking engine won't necessarily ensure smooth sailing for Constellation.

Chart of the Day, Part 1: Canopy Growth Could Be Key to Constellation Long Term

Chart of the Day, Part 1: Canopy Growth Could Be Key to Constellation Long Term

Analysts have noted that the weed leader's momentum is set to burn higher moving forward.

How to Trade Constellation Brands Now Using Options

How to Trade Constellation Brands Now Using Options

I'm strategizing a risk reversal here using a put sale to fund a long-side play.

Out of Canopy

* Its been a quick and very rewarding ride! is up another $3.60 to $37.22 this morning. Purchased (and put on my Best Ideas List at $27.75 on January 2, 2019), the shares are now up by nearly $10 in eight days. While I like this stock over longer ti...

More Sales!

* Taking profits in some more Square and in Canopy . * Selling my trading long rental in As mentioned yesterday, I have made some important moves in my portfolios this week - reflecting my ursine market view recently adopted: * Eliminated longs in 3...

Constellation Brands Benefits From Analyst Upgrades After Wednesday's Selloff

Constellation Brands Benefits From Analyst Upgrades After Wednesday's Selloff

Even formerly bearish analysts are changing their tune as the risks appear to be fully baked in at this point.

Buyers Belly Up to Constellation Brands After Wednesday's Big Stumble

Buyers Belly Up to Constellation Brands After Wednesday's Big Stumble

A number of analysts maintain the beer and wine giant's valuation is even more attractive for long-term investors thanks to a sharp decline in its shares.

Canopy Grows More

Canopy Growth Corp.  is bid up another +$1+ in premarket trading -- an apparent extension of strength post the Piper upgrade late Tuesday afternoon.

Jim Cramer: Constellation Brands Continues to Look Intriguing

Jim Cramer: Constellation Brands Continues to Look Intriguing

Even with its 12% stock decline on Wednesday, Constellation Brands is more intriguing than it was yesterday.

Constellation Brands Still Has a Lot to Prove

Constellation Brands Still Has a Lot to Prove

The company's third quarter was a mixed bag.

It's the Business I Have Chosen

I was a large buyer of stocks during the last half of December. On the market's extraordinary strength since Christmas I have made a number of portfolio changes this week: * Eliminated longs in 3M , Amazon and Google . * Reduced long holdings in Squ...

Paradise (Partially) Lost!

It's amazing how this business works. I launched my Canopy Growth Corp. analysis about three weeks ago in conjunction with my analysis of Constellation Brands (down by -$21/share today) -- as STZ had recently made the big investment in CGC. My concl...

Surveying the Investment Landscape

We have several standout investment positions today. , a Piper upgrade this morning, is my favorite speculative stock for 2019. I have been steadily adding to this name on weakness (see past posts). The shares were placed on my Best Ideas List on Ja...

Horizons Adds New Cannabis Stocks to Its ETFs

Horizons Adds New Cannabis Stocks to Its ETFs

After a difficult quarter for the marijuana sector, two of the most successful cannabis ETFs have added to their basket of stocks.

From the Street of Dreams

Piper initiates with a "Buy" rating and a price target of $40/share.

Real Money Goes Behind the Scenes of the Budding Cannabis Industry

Real Money Goes Behind the Scenes of the Budding Cannabis Industry

In the interest of due diligence, we went and took a close look at the ground floor of the newest investment craze.

Not Up In Smoke!

I am laser locked and watching today. The shares bent but didn't break - and recovered to be in the green. I continue to think that selected cannabis stocks will provide upside to a dour 2019 (in which top and bottom line growth will be disappointin...

I'm a Happy Guy With 2 Recent Buys

Recent new buys and Best Ideas List names Amazon and Canopy Growth are the world's fair today.

Adding to MJ, CGC

I added to and on the early weakness.

Time to Buy Pot Stocks!

* I am moving from cautious to positive based on the recent sharp dive in share prices * While I am less sober on recreational use, the medical applications of pot related products may cause another speculative move in the sector this year Surprise ...

Who Hasn't Crashed the Cannabis Party Yet?

Who Hasn't Crashed the Cannabis Party Yet?

Establishing who the stragglers are and what impact they might have in the future is the key at this point.

Tilray Is Now a Top-Tier Cannabis Play

Tilray Is Now a Top-Tier Cannabis Play

I'd be most interested in buying this name after a cap raise which I expect in the first quarter of 2019.

Chart of the Day, Part 2: Tilray's Deal is Tiny Compared to Canopy's

Chart of the Day, Part 2: Tilray's Deal is Tiny Compared to Canopy's

Perhaps no company has bought into the Canadian cannabis craze more than Constellation Brands.