Canopy Growth
About
Canopy Growth Corporation (NASDAQ: CGC) is a Canadian cannabis company that was once the largest marijuana producer in the world by market capitalization, backed by a multi-billion-dollar investment from Constellation Brands, and operates across cannabis cultivation, processing, and distribution in Canada, the United States, and international markets. The company has undergone significant restructuring to reduce cash burn, divesting non-core assets and refocusing its operations while maintaining its U.S. strategy through Canopy USA, a holding entity designed to acquire American cannabis operators when federal legalization permits. As an investment, Canopy Growth is a high-risk speculative play on eventual U.S. federal cannabis legalization, with its strategic positioning and Constellation Brands relationship offering potential upside if the regulatory landscape shifts favorably.
Cannabis Stocks
Canopy Growth is one of the most recognized cannabis stocks globally, offering investors leveraged exposure to the potential U.S. federal legalization of marijuana through its Canopy USA acquisition strategy, though years of heavy losses and share dilution make it a speculative play suited for risk-tolerant cannabis sector investors.
Key Financials CGC
Price
$1.08
Change (1D)
+4.85%
Change (30D)
-5.26%
Change (60D)
+2.86%
Change (90D)
-22.30%
Change (180D)
-38.98%
Change (1Y)
-39.66%
Change (5Y)
-99.78%
P/E Ratio
-0.40
EPS (TTM)
$-2.71
52-Week Range
$0.77 — $2.38
50-Day MA
$1.24
Volume
9.26M
Data updated Feb 15 · Source: Twelve Data
