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)

Time to Buy Cannabis Stocks (for a Trade)… and Soon for a Long Term Investment

* CGC could trade up to over $30 on the successful House vote passage of the SAFE Banking Act announced last evening * While the short term may remain rocky (pot stocks are down by nearly 50% since April), investors with longer term timeframes shoul...

The Charts of Canopy Growth Are Missing Signs of Accumulation for Now

The Charts of Canopy Growth Are Missing Signs of Accumulation for Now

Let's go to the charts and indicators.

First Trades of the Day

I just made the first trades of the day: * I added to my short at $140.94. (TLT is up by nearly +$5/share in the last few trading days). * I added to my Kraft Heinz  long at $28.18. (As I wrote, 3G's sales of a small portion -- 25 million shares -- ...

Fool Me Twice Shame on Me (Part Deux)

* I continue to trade opportunistically and unemotionally - with a calculator in one hand and a contrarian viewpoint on the other hand * The overnight +20 futures rise (China trade-related) has been reversed to a gain of only 3 handles by 6: 30 am *...

I'm Watching These 3 Stocks on Friday

I'm Watching These 3 Stocks on Friday

Snap, Aurora Cannabis and Cars.com have caught my attention.

Have Those Once-Smoking Cannabis Stocks Burnt Down to a Bottom?

Have Those Once-Smoking Cannabis Stocks Burnt Down to a Bottom?

Several watchers and market players are deep in the weeds, tracking short action and key companies like Canopy Growth, trying to find out whether the industry has turned over a new leaf.

Stick This in Your Pipe and Smoke It

Canopy Growth is upgraded to buy at Seaport Global Securities.

My Problem Children

* "Everyone" has them Over the last few days I have been working on three problem children -- Macy's , Kraft Heinz and Canopy Growth . Though I have still not completed my analysis (all three companies face substantive competitive and business chall...

These 3 Stocks May Be Near Bottom, and One May Get a 'Lyft'

These 3 Stocks May Be Near Bottom, and One May Get a 'Lyft'

It's tough to find when a stock has hit the floor, so let's look at three that fell on earnings and could be poised to rise.

Must-See Financial TV

The recently deposed CEO of Canopy Growth is going to shortly appear on CNBC to discuss why he is buying more stock. Must see TV!  

Looking at DDS, CGC

bounces +$8 off of its daily low and digests its poor earnings report. I will be doing work on both companies as well as continuing my research over the weekend.

Pondering These Pot Stocks

Reaching for Condiments and Cannabis

Moved to large Kraft Heinz and Canopy Growth Corp this afternoon. 

Is Tilray Too Hot into Earnings?

Tilray's Not Necessarily the Cream of the Crop

Tilray's Not Necessarily the Cream of the Crop

A host of other cannabis-related stocks has sprouted up that appear better for investing.

Earnings to Tell Whether Cannabis' High Growth Story Is Going to Pot

Earnings to Tell Whether Cannabis' High Growth Story Is Going to Pot

After a 2018 high, marijuana stocks are gaining popularity again, but which ones are producing the most green for investors? Here are the charts.

CGC Interest

, the object of my recent affection, is starting to pick up in price. I am seeing some large institutional buy interest.

It's Tough to Weed Through the Data on Tilray

It's Tough to Weed Through the Data on Tilray

The largest impediment to success for firms like TLRY -- which is expected to report a 27 cent loss per share Tuesday night -- remains federal legalization of marijuana across the U.S.

Adding to This Cannabis Stock

I added to on this morning's dip.

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 "When the time comes to sell, y...

Not Up In Smoke!

Yesterday and most of last week I have been expanding my Canopy Growth long investment position (the stock is on my Best Ideas List). CGC (+6%) and the other pot stocks should thrive today after the Aurora Cannabis revised upward guidance (its share...

Outs and Ins

To be clear, I am now out of  and shorts. I have added to at $31/share.

Adding to CGC

Marijuana stocks are getting jiggy today. I don't see any news. I have been steadily accumulating Canopy Growth  - based on risk/reward and taking advantage of the recent share price decline.

Buying into Weakness

I bought this morning's weakness in and I added to just now.

Today's Trades

Another rally (of moderate means) off of the day's lows. Trades today: * Added to (speculative), and longs. * Added to short. * Added to short.

Village Farms: It Takes an Opportunity - And There's a Terrific One Shaping Up

Village Farms: It Takes an Opportunity - And There's a Terrific One Shaping Up

So many stocks, so much news, so little time. The good news is I'm letting you borrow my shovel.

Canopy Growth

Bidding for Canopy Growth .  

Cronos Group Could Break Key Moving Averages - Protect Long Positions

Cronos Group Could Break Key Moving Averages - Protect Long Positions

Let's look at the chart of CRON.

Morningstar High on Pot Growth, Sees U.S. Going Legal by 2023

Morningstar High on Pot Growth, Sees U.S. Going Legal by 2023

Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.

Updating My Recent Trading Activity

* Mr. Market is underpricing risk and I am trading and investing accordingly * I added new positions in DB and VXX * I sold my gold long GLD I have been increasingly active (and bearish) over the last week: * I have added to my bond short - now very...