CGC Stock Tanks on Job Cut, Closes 2 Cultivation Facilities
In a development that should raise alarms in the cannabis industry, Canadian cannabis giant Canopy Growth (TSX:WEED) (NYSE:CGC) announced late on Wednesday that it is going to shut 3 million square feet of its greenhouses ... [Read]
CGC Stock Drops Despite Agreeing to Israeli Medical Deal
CGC stock is in the red today despite an announcement that Canopy Growth (TSX:WEED) (NYSE:CGC) had entered into a memorandum of understanding with Israeli firm Univo Pharmaceuticals for the sale, production, and marketing of medical ... [Read]
CGC Stock Gains Despite Setbacks in Beverage Launch
CGC stock is making gains today despite Canopy Growth (TSX:WEED) (NYSE:CGC) suffering continued setbacks in the launch of its cannabis-infused beverages range. The world's leading cannabis firm unveiled its range of cannabis-infused beverages back in ... [Read]
Is CGC Stock the Real Winner from Aurora’s Struggles?
CGC stock could be leading a resurgence in pot stocks after cannabis giant Canopy Growth (TSX:WEED) (NYSE:CGC) surpassed expectations with its third-quarter financial results last Friday. With the Canadian cannabis market still dealing with the ... [Read]
CGC Stock Witnesses Biggest One-Day Jump After Solid Q3 Earnings
Canopy Growth (TSX:WEED) (NYSE:CGC) is the biggest cannabis company in the industry, so there was a lot of anticipation about its quarterly results. The results proved to be encouraging, with Canopy beating expectations and CGC ... [Read]
CGC Stock Rebounds as Aurora Bloodbath Subsides
CGC stock is on the rebound today after pot stocks took a hammering in the wake of news that Aurora Cannabis (TSX:ACB) (NYSE:ACB) was laying off up to 500 staff and on the hunt for ... [Read]
CGC Stock in Focus Ahead of Q3 Earnings Next Week
When one of the biggest cannabis stocks in the world announces its quarterly earnings, there is inevitably going to be a lot of focus on the event, and that is what could be expected from ... [Read]
CGC Stock Gains Following BMO Target Price Upgrade
CGC stock surged on Tuesday after Bank of Montreal Capital raised its target price for the world's largest cannabis firm from $25 to $40, citing accounts from cannabis retailers that value-priced brands such as Canopy ... [Read]
CGC Stock Pops Following New Board Appointments
CGC stock is making gains today after Canopy Growth (TSX:WEED) (NYSE:CGC) announced the appointment of Judy Schmeling as Chair and Jim Sabia to the Board of Directors. New Board Members Boost CGC Stock Ms. Schmeling ... [Read]
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]