CGC Stock Unmoved After Delaying Cannabis Beverage Launch
CGC stock is unmoved at the start of the week after Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) announced it was delaying the launch of its range of cannabis-infused beverages due to scaling issues. Wait Goes on ... [Read]
Two Reasons Why CGC Stock Could Bounce Back in 2020
When Canada legalized recreational cannabis on October 17, 2018, investors rushed into the emerging market to snap up stocks they expected to soar pretty much overnight in what many dubbed as the "Green Rush." Things ... [Read]
CGC Stock Down Despite Announcing Five New Ontario Stores
CGC stock is in the red on Tuesday despite Canopy Growth Corp (TSX:WEED) (NYSE:CGC) announcing that it will open five new stores in Ontario throughout 2020. Canopy Addresses Retail Visibility Issue The announcement follows on ... [Read]
CGC Stock Soars: Company Names Constellation’s CFO as New CEO
CGC stock is leading the broader cannabis sector higher this morning after Canopy Growth (TSX:WEED) (NYSE:CGC) said that Constellation Brands' (NYSE:STZ) CFO David Klein will take over leadership of the company as of January 14. ... [Read]
CGC Stock Making Gains Following 2.0 Product Rollout
CGC stock is in the green to finish the week after Canopy Growth (TSX:WEED) (NYSE:CGC) provided an update on its rollout of cannabis 2.0 products over the coming weeks. New Products Driving Gains in CGC ... [Read]
CGC Stock in the Green on US CBD Market Launch
CGC stock is making gains this week after Canopy Growth (TSX:WEED) (NYSE:CGC) announced that it has formally entered the US CBD market with the launch of its hemp-derived brand First & Free. Canopy's new brand ... [Read]
CGC Stock Falls After Bearish Notes From MKM Partners
CGC stock is trading lower on Friday as MKM's analyst Bill Kirk said that Canopy Growth (TSX:WEED) (NYSE:CGC) will not be profitable on a per-share basis by fiscal 2022. The past few months have been ... [Read]
CGC Stock Gains Following Receipt of Final Cannabis 2.0 Licence
CGC stock is in the green on Monday after Canopy Growth (TSX:WEED) (NYSE:CGC) announced that it has secured a license for its 150,000 sq. ft. beverage facility located at the company's headquarters in Smiths Falls, ... [Read]
CGC Stock a Buy After Earnings Miss? Some Seem to Think So
CGC stock slumped to a two-year low last week in light of hugely disappointing quarterly earnings, but could the declining value of Canopy Growth (TSX:WEED) (NYSE:CGC) shares represent a buying opportunity for investors? Some analysts ... [Read]
CGC Stock Slumps to Almost 2-Year Low on Poor Q2 2020 Earnings
CGC stock is witnessing its biggest one-day fall in 2019 after Canopy Growth (TSX:WEED) (NYSE:CGC) reported increased losses and revenue that missed the lowest analyst estimate in its Q2 2020 financial results. Another Setback for ... [Read]