CGC Stock: What to Expect from the Canopy Growth Quarterly Results
CGC stock is gaining momentum in Wednesday's session ahead of Canopy Growth (TSX:WEED) (NYSE:CGC) releasing its earnings, which are due tomorrow. Canopy Growth has seen its sales jump to around 360% following the legalization of ... [Read]
CGC Stock Down 2%: Voting Opens for $3.4B Acquisition of Acreage Holdings
Now is a time for shareholders of Canopy Growth (TSX:WEED) (NYSE:CGC) and Acreage Holdings (OTCQX:ACRGF) to show their support for the two cannabis companies. Earlier today, the companies reminded the market of their proposed merger, telling shareholders ... [Read]
CGC Stock: Money Talks, Why Canopy Growth is the Industry Leader
Canopy Growth Corp (TSX:WEED) (NYSE:CGC) currently has an "outperform" rating on Marketscreener. With CGC stock already the most expensive share in the cannabis industry, investors may question what they are getting for their money at this stage ... [Read]
WEED Stock Up Days After Canopy Growth Announces This Works Acquisition
Cannabis stocks are fluctuating today. While Altria Group (NYSE:MO) is trading in the red, as is General Cannabis Corporation (OTCQB:CANN), Canopy Growth (TSX:WEED) (NYSE:CGC) trades in the green in Toronto, apparently still benefitting from last week's acquisition of ... [Read]
CGC Stock Soars as Canopy Growth Acquires “This Works”
CGC stock is showing solid buying activities in Wednesday's session after Canopy Growth (TSX:WEED) (NYSE:CGC) announced the acquisition of This Works, a skincare company for 43 million pounds ($54 million USD) in cash. CGC Stock ... [Read]
CGC Stock Down Amid Public Worry about Canopy-Acreage Deal
Despite assurances from both sides, CGC stock is currently down due to a lack of confidence in the Canopy-Acreage Deal. It seems not everyone shares the same interest in the Canopy-Acreage deal. Back in April, ... [Read]
CGC Stock Outperforms in April: Investors Need to Watch for This
In April, CGC stock has gained 16.5%, compared to the S&P 500's return of 4.1%. Moreover, for this year, Canopy Growth (TSX:WEED) (NYSE:CGC) stock has gained 82.7% since the beginning of the year against the ... [Read]
CGC Stock: Canopy Spreads European Footprint with Spanish Acquisition
CGC stock is on the move once again. Canopy Growth Corp (TSX:WEED) (NYSE:CGC) has announced a strategic acquisition of Spanish brand Cafina in its bid to take over the lucrative European market. On the news, ... [Read]
CGC Stock Grows 6% After Bullish Analyst Bumps Stock from Hold to Buy
There were a few cannabis stocks that kicked off Monday relatively well, with Canopy Growth (TSX:WEED) (NYSE:CGC) leading the way. At the time of writing, CGC stock is up more than 6%. While there are a few ... [Read]
WEED Stock Up 6%: Canopy Growth Acquiring Acreage Holdings for $3.4B
Canopy Growth (TSX:WEED) (NYSE:CGC) today announced it'll be acquiring Acreage Holdings (OTCQX:ACRGF), a New York-based cannabis company, for just over $3.4 billion. Considering Acreage is a massively large US multi-state operator, cannabis investors seem pleased with ... [Read]