Canopy Growth Ord Shs (CGC)
$17.28 0.04 (0.23%)
9:27 EDT CGC Stock Quote Delayed 30 Minutes
Previous Close $17.32
Market Cap 3.73B
PE Ratio -
Volume (Avg. Vol.) 15,770
Day's Range 17.32 - 17.32
52-Week Range 9.00 - 33.25
Dividend & Yield N/A (N/A)
CGC Stock Predictions, Articles, and Canopy Growth Ord Shs News
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Marijuana stocks are already getting buying interest ahead of the major event
Alibaba, Canopy Growth, Cronos Group and Beyond Meat were our top stock trades for Tuesday. Let's look at the charts.
In the upcoming earnings results, investors would like to see a clear path to profitability and an end to the current rate of cash burn
Canadian Canopy Growth is burning through cash way too quickly. That's why CGC stock is relying on Constellation Brands for survival.
CGC stock has plenty of risks in the near term but patient investors shouldn't lose sight of the fact that Canopy Growth is the best opportunity in cannabis.
The fact remains that it was always Constellation’s intention to make Canopy the fourth leg of its revenue stool to complement its beer, wine, and spirits businesses. I never thought Constellation would run away from its commitment to Canopy.
If anyone's wondering whether Constellation Brands is confident in its CGC stock holdings, here's your answer.
With Canada starting to reopen again combined with strong financial backing for Canopy Growth, CGC stock is very compelling. However, it's not going to immediately become a superstar.
For investors looking for home run hits, these 15 heavily shorted stocks with huge short squeeze potential are worth a look.
At one point pot stocks were all the rage. CGC stock is trying to make a comeback in spite of the drubbing it took during the Covid-19 crash.
Investors are punishing CGC stock for cost-cutting measures, but Canopy Growth now is more likely to survive Covid-19 than its bigger peers.
These five growth stocks are in a great position to shake off coronavirus headwinds and stage huge comebacks in the second-half of 2020.
CGC stock got a lift from production closures worldwide, so as its cost basis shrinks, Canopy Growth will eventually earn profits.
Marijuana stocks have been beaten down during the coronavirus downturn, so let's rank the top four cannabis companies from best to worst.
The coronavirus pandemic has been extremely ugly for the legal marijuana sector and CGC stock failed to escape the downfall. Nevertheless, shareholders should count their blessings.
The fact that smoking is a key risk factor for dying from coroavirus will hurt CGC stock. The company is facing other difficulties as well.
CGC stock still looks like the pick in cannabis. Recent developments show why, and support what appears to be a bottom in the stock.
From The Motley Fool
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