Canopy Growth Corporation (CGC)

18.78
NYSE
Prev Close 18.78
Day Low/High 18.18 / 18.82
52 Wk Low/High 9.00 / 25.97
Exchange NYSE
Shares Outstanding 371.27B
Market Cap 6.97B
P/E Ratio N/A
Div & Yield N.A. (N.A)

CGC

Canopy Growth is getting jiggy. Finally, back to break even (after buying - "the funnel" - at $14.60).

Jim Cramer: The HQ for Innovation Is Right Here in San Francisco

Jim Cramer: The HQ for Innovation Is Right Here in San Francisco

The NYSE used to be the center of capitalism, but now it's where actual engineering, not financial engineering, is taking place.

Constellation Brands Should Give Investors Reason to Raise a Glass

Constellation Brands Should Give Investors Reason to Raise a Glass

Buyers of the beer and wine seller's shares have become more aggressive.

Trading Strategies and Investment Views Are Not Mutually Exclusive

Trading Strategies and Investment Views Are Not Mutually Exclusive

When time frames differ (short-term vs. long-term), it can result in actions that may seem to void the other. That simply isn't the case.

A Look-See and Some Market Highlights in My Portfolio Today

Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...

Trading Canopy Growth

Canopy's shares are now trading +11% above $20.90. I am going to call an audible and take off my trading portion of my large position at the current price and not wait until January. I am basically satisfied with this trading move which happened far...

Cannabis High

Cannabis stocks are continuing to get their groove back this morning - with good gains in , , , and .

CGC Top

I have a trading layer on top of my investment position in in anticipation of a rebound in January after the tax selling concludes.

When the Smoke Clears, Aurora Cannabis Should Survive 2020

When the Smoke Clears, Aurora Cannabis Should Survive 2020

But its investors may still feel burnt from the diluted shares; meanwhile, the new year could be when several cannabis stocks go to pot.

Good News For Canadian Cannibas Stocks

* An accelerated roll out of Canadian retail stores will improve the current demand/supply imbalance I had previously mentioned in my analysis of the Canadian cannibas stocks -- in general and Canopy Growth , in particular -- that the slow roll out ...

Looking at CGC

I might be squinting too hard - but the Canopy Growth chart is looking interesting. Mikey?

Canopy Growth Launches CBD Product Line in U.S.

From Canopy Growth this Thursday morning: Canopy Growth Introduces First & Free - A Line of Branded Hemp-Derived CBD Products to the U.S. Market Canopy Growth's (CGC) first line of CBD products are available for purchase through e-commerce platform ...

Orders, Long and Short

I have orders in (slightly below the market) to add to my longs in , , and . I have orders in (slightly above the market) to short , , , and . __________ Long TWTR (Large), KHC (large), CGC (large), AMZN (large). Short TROW, BX, MU (large), CAT (lar...

From the Street of Dreams

BankofAmerica/Merrill Lynch raises its price target for Canopy Growth from $22 to $26 this morning. The brokerage is less keen on an imminent takeover by Constellation but more excited about the timing of a fundamental profit turn in the business wi...

My Takeaways: Mr. Market Slumps Ahead of Tariff Deadline

Mr. Market moved steadily lower as the afternoon progressed and closed on the day's lows. I wouldn't make too much out of the meaning of today's action. * Breadth was almost exactly flat. * Bonds closed a bit stronger with yields down by two basis p...

Recommended Reading (Part Deux)

A thoughtful post by Tim "Not Judy or Phil" Collins on Canopy Growth . I have long thought that a Constellation /Canopy merger was in the cards. And so does Tim think the same!

Canopy Might Have Spotted Its Lucky Star in Constellation Brands

Canopy Might Have Spotted Its Lucky Star in Constellation Brands

The cannabis company just brought on STZ executive as new CEO, and this move is likely lining up bigger things to come as sector shakes out.

David Klein Is the Right Guy for the Canopy CEO Job

Canopy Growth embarked on a CEO search in July 2019 after the dismissal of founder and CEO Bruce Linton. The company, at that time, cited the need to bring "new vigor" and organization to Canopy. (Earlier in the year there were investor concerns abo...

Let's Get Chai (Part Deux)

Canopy Growth is higher on news that the former Constellation Brands CFO, David Klein, has become CGC's CEO.

From the Street of Dreams

Bank of America raises Canopy Growth price target to $28 Canadian this morning. On a related note, here is your "Marijuana Moment."

3 Longs

I am picking at the following longs this morning - , and .

Canopy Grows

Canopy Growth is trading well.

Trade of the Week Update

* Let's get "Chai!" A pet peeve I have is that many talking heads don't update their investment ideas on an ongoing basis. I try to be transparent and honest about my winners and losers, and to further improve my own transparency/accountability I am...

My Position Grows in Cannabis

I paid $17.90 for more Canopy Growth here on Tuesday morning. That's my only trade thus far today.

Cannabis a Rising Star in Morningstar Mag

Cannabis a Rising Star in Morningstar Mag

Morningstar Magazine offers insight into future growth potential for cannabis industry and stocks.

More on My Trade of the Week

In my Trade of the Week (Long ) I forgot to include this additional bullet point: * Canopy is heavily shorted. Shorts total 55.5 million shares, up by 3.7 million shares (+7%) over the last month. This compares to average daily trading volume (over ...

Trade of the Week: Buy Canopy Growth

* Let's get "Chai!"  As subscribers know, until recently I have stayed away from a broad-based exposure in the cannabis industry over the last few years, for Canopy Growth , which I thought would be a clear winner because of the imprimatur and the m...

Big News From Weedville

Canopy Growth gets Health Canada license for beverage facility.

Buying More Pot

I bought some more Canopy Growth at $18.25 (down from $21.55/share yesterday afternoon) -- my first buy since I doubled up midweek under $15/share.

Don't Fight the Trend on These 3 Cannabis Stocks

Don't Fight the Trend on These 3 Cannabis Stocks

A look at what the weekly charts of three big cannabis names are saying.