Canopy Growth Corp. (CGC)

42.69
0.08 0.19
NYSE : Process Industries
Prev Close 42.77
Open 43.87
Day Low/High 42.47 / 43.94
52 Wk Low/High 24.21 / 59.25
Volume 2.65M
Avg Volume 5.00M
Exchange NYSE
Shares Outstanding 343.58M
Market Cap 14.53B
EPS -0.30
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

Convenience Stores Want to Radically Change the Cannabis Industry

Convenience Stores Want to Radically Change the Cannabis Industry

If cannabis is descheduled, it is likely it will become federally regulated -- and convenience stores are preparing their case for selling it like tobacco products.

Trouble Brewing at Constellation Brands

Trouble Brewing at Constellation Brands

For me, this one is a pass. For now.

Cannabis Update: Canopy Growth and Acreage Holdings

Cannabis Update: Canopy Growth and Acreage Holdings

Let's look at the charts this morning.

New Buy (and Short) Levels

* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...

Canopy Growth Is Ready for an Upside Move: When to Go Long

Canopy Growth Is Ready for an Upside Move: When to Go Long

Let's visit with the charts and indicators to see how things are shaping up today.

Checking Back With Tesla and Alphabet, and Checking Out 2 Other Names

Checking Back With Tesla and Alphabet, and Checking Out 2 Other Names

Besides revisiting the first two companies, we also look at trade setups for Canopy Growth and Nike.

Canopy Growth Now Has to be Considered the Leader in the Canadian Cannabis Space

Canopy Growth Now Has to be Considered the Leader in the Canadian Cannabis Space

CGC has the best chance to transition to broader success should the U.S. ever go the route of legalization beyond the state level.

I Own Alphria Stock and the Big Q3 Loss Was Not a Surprise

I Own Alphria Stock and the Big Q3 Loss Was Not a Surprise

The company has spent a lot of time and money trying to meet the supply needs of the recreational cannabis market.

2 Huge Earnings Reports I'm Watching This Week

2 Huge Earnings Reports I'm Watching This Week

A pair of earnings report this week will shed light on the future direction of two fast-growing companies in very different fields.

Not High on Pot

The action in pot stocks continues to be poor. I have a very small position in and even though the shares might be attractive over the long run, I won't be adding until I see some better price action. I have been cautious on the group for some time ...

Here's How to Trade Constellation Brands Stock

Here's How to Trade Constellation Brands Stock

Oh, by the way, Constellation, for those who've forgotten, holds a 38% stake in Canopy Growth.

Constellation Brands Stock Can Still Run Despite Downgrade

Constellation Brands Stock Can Still Run Despite Downgrade

There is certainly too much to ignore about STZ for the majority of analysts.

Constellation Brands Focuses on Beer, Tesla Deliveries Underwhelm

Constellation Brands Focuses on Beer, Tesla Deliveries Underwhelm

What I do know is that TSLA now faces a tumultuous uphill battle in order to meet its full year guidance.

2 Important Earnings Reports I'm Watching This Week

2 Important Earnings Reports I'm Watching This Week

What to look for when Dave & Buster's and Constellation Brands report results.

Multi-State Cannabis Operators

The fact that everyone wants to know everyone's thoughts about Canopy Growth should tell you everything you want to know about CGC's current valuation and ownership. In fact, the Canadian LPs (Licensed Producers) are a tough game right now. These ar...

Up In Smoke?

The pot sector has been weak recently. I own a very small long position in which is -$1 to under $44/share (which was added to my Best Ideas List on January 2, 2019 at $27.75) As I mentioned I wasn't willing to pay up for  recently and, in general, ...

2 Big Earnings Reports I'll Be Watching This Week

2 Big Earnings Reports I'll Be Watching This Week

A huge week is coming up for these well-known stocks.

7 Indirect Stock Plays on the Cannabis Sector

7 Indirect Stock Plays on the Cannabis Sector

Investors can gain exposure to the high-flying cannabis industry without taking on undue risks.

Canopy Growth

Yesterday I reestablished a long position in Canopy Growth  - which has been on my Best Ideas List since early January, 2019.  The shares are responding well to this news.

Short Interest Monitor on Tilray

With Tilray, You Won't Win Any Valuation Arguments

With Tilray, You Won't Win Any Valuation Arguments

Short interest is back in the low single digits while Tilray still enjoys one of the smallest floats for a cannabis company.

Further Bidding

Bidding further to the following longs (but slightly below the market): , and .

Tilray Is Not My Favorite Canadian Cannabis Stock

Tilray Is Not My Favorite Canadian Cannabis Stock

Apparently, this game is all about growth right now. It certainly is not about margins.

Kass: Tilray Is Promising but I Prefer This Other Stock in the Pot Space

Kass: Tilray Is Promising but I Prefer This Other Stock in the Pot Space

Tilray will not be cash flow positive for another 2-3 years - that's not quick enough progress for me given its $7 billion dollar capitalization.

New CGC Move

I am back long Canopy Growth  (very) small (I bought the opening). Moved up my buy entry price in light of a market that seems to be more accepting of speculative stocks.