CGC Stock in the Green as Drake Teams Up With Canopy
CGC stock is up on Thursday after Canopy Growth (TSX:WEED) (NYSE:CGC) announced a new joint venture with rap superstar Drake to launch More Life Growth Company, a licensed cannabis firm based in Drake’s home city Toronto. Potline ... [Read]
Can Canopy’s Q2 Earnings Transform the Fortunes of CGC Stock?
Under the leadership of pot pioneer Bruce Linton, CGC stock was at the forefront of the cannabis industry less than a year ago. Fast forward a few months, and Linton is gone, and with him ... [Read]
CGC Stock Makes Case for Big Gains in 2020 with Thirty New Products
CGC stock has had a rough year, there's no doubting that. Having ousted former CEO and industry pioneer Bruce Linton in July after majority shareholder Constellation Brands (NYSE:STZ) grew unhappy with widening losses, Canopy Growth (TSX:WEED) (NYSE:CGC) ... [Read]
CGC Stock Jumps as Canopy Growth Announces Key Progress in Europe
CGC stock gains in the opening session on Monday after Canopy Growth (TSX:WEED) (NYSE:CGC) announced key developments in Europe thanks to Spectrum Therapeutics. Canopy Growth Extends Reach The cannabis sector might have had its fair ... [Read]
CGC Stock Gains on Beckley Canopy Acquisition and AusCann Divestiture
CGC stock is up 3% this morning after Canopy Growth (TSX:WEED) (NYSE:CGC) announced it had completed its acquisition of cannabis research frim Beckley Canopy Therapeutics, as well as the sale of its 13.2% stake in AusCann Group ... [Read]
Mixed Q2 Report Sends STZ Stock Down: Canopy Growth to Blame
At the end of last week, Constellation Brands (NYSE:STZ) reported its financial results for the second quarter. The company performed well in most areas but was negatively impacted by its investment in Canopy Growth (TSX:WEED) ... [Read]
CGC Stock Tumbles: Canopy Growth Acquires BioSteel Sports Nutrition
CGC stock continues to move lower, hitting a new low on Thursday after Canopy Growth (TSX:WEED) (NYSE:CGC) reached an all-cash transaction to purchase a majority stake in BioSteel Sports Nutrition Inc. Key Details The last ... [Read]
CGC Stock Got Downgraded Last Week and It’s Still Feeling the Effects
CGC stock kicked off Monday in the red, currently down nearly 5%, likely due to Canopy Growth (TSX:WEED) (NYSE:CGC) getting downgraded last week. Here's everything we know. CGC Stock Gets Downgraded: Still Feeling the Effects ... [Read]
CGC Stock Boosted By Martha Stewart CBD Collaboration
CGC stock is up slightly today after celebrity chef Martha Stewart said her CBD collaboration should go to market by the middle of 2020. Welcome Reprieve for CGC Stock The news is a welcome reprieve ... [Read]
CGC Stock Extends Slump Following Analyst’s Bearish Note
CGC stock continues to fall for the second straight session after falling 9% in yesterday's trading session as an analyst at Oppenheimer warned that Canopy Growth (TSX:WEED) (NYSE:CGC) investors should brace for large losses in ... [Read]