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STORZ & BICKEL Debuts Inaugural "Smokeless September Challenge" to Educate Consumers on the Advantages of Vaporization
Prnewswire· 2024-08-29 14:38
Switch to Vaporizing and Try the VENTY TUTTLINGEN, Germany, Aug. 29, 2024 /PRNewswire/ - STORZ & BICKEL GmbH ("STORZ & BICKEL"), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), today announced the launch of a new inaugural campaign, the Smokeless September Challenge. This initiative invites consumers to take a break from combustion throughout September and experience the advantages of vapor ...
Must-buy stocks if Kamala Harris wins the U.S. election
Finbold· 2024-08-28 12:59
The financial markets are closely monitoring the upcoming U.S. election, as the outcome will likely have significant implications for the broader economy. Both candidates, Donald Trump and Kamala Harris, have outlined their policies, which are expected to influence investment strategies. With projections indicating a tight race, Vice President Harris can clinch the White House. For market-savvy investors who believe her win could impact the equities markets, here are three stocks to consider if she emerges ...
3 Of Today's Top Canadian Marijuana Stock Picks For Investors
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2024-08-16 14:19
Here Are Some Canadian Marijuana Stocks To Watch Mid-August What's next for marijuana stock investors as the sector's recent rise in trading has people talking. Recently there has been an increase in trading that allowed some investors to take profits. Yet in true cannabis fashion, this rise in trading was short-lived. Yet it is moments like this where newfound confidence can be found when looking to invest in legal cannabis. The growth and boom of legal cannabis are still going strong and developing day by ...
Canopy Growth Announces CEO Succession Plan
Prnewswire· 2024-08-16 12:00
David Klein, CEO to retire at the end of the Company's fiscal year Board of Directors expresses continued confidence in the Company's strategic direction and leadership team A comprehensive CEO selection process has been initiated to identify a successor This news release constitutes a "designated news release" for the purposes of Canopy Growth's prospectus supplement dated June 6, 2024 to its short form base shelf prospectus dated June 5, 2024. SMITHS FALLS, ON, Aug. 16, 2024 /PRNewswire/ - Canopy Growth C ...
Canopy Growth Stock: Can It Sustain Recent Gains?
MarketBeat· 2024-08-14 15:32
Canopy Growth Today CGC Canopy Growth $6.88 +0.08 (+1.18%) 52-Week Range $2.76 ▼ $19.20 Price Target $4.53 Add to Watchlist Canopy Growth NASDAQ: CGC is one of the North American players in the cannabis industry. The company's shares have seen massive fluctuations since going public in 2014 under the name Tweed Incorporated. The company's value reached nearly $20 billion in early 2021 but now sits at just $575 million. That current valuation is despite the fact that over the last 12 months, shares are up 69 ...
Here's Why Tilray Brands Has Become a Much Better Buy Than Canopy Growth
The Motley Fool· 2024-08-14 10:45
Tilray Brands has been expanding while also making progress on its bottom line. If you're an investor who is bullish on the prospects for marijuana in the long term, then odds are, you're familiar with both Tilray Brands (TLRY 4.48%) and Canopy Growth (CGC 7.17%). These companies are both based in Canada and have been eyeing opportunities in the U.S. cannabis market -- if and when it eventually it opens up due to federal legalization. But they have taken very different approaches in their strategies in rece ...
Why Canopy Growth Stock Popped on Monday
The Motley Fool· 2024-08-12 15:40
Newsflash: When marijuana is legalized, Americans will buy marijuana legally. Canopy Growth (CGC 1.89%) stock inched 3.2% higher through 10:35 a.m. ET Monday after marijuana news source Marijuana Moment reported on a new positive development for the (legalized) marijuana industry: According to cannabis telehealth platform NuggMD, most Americans now prefer to buy their weed from legal sources. The legal marijuana market There are caveats to this conclusion. As Marijuana Moment describes, NuggMD's survey focu ...
Canopy Growth Stock Falls After Disappointing Earnings, Slowing Sales
Investopedia· 2024-08-09 21:51
Key Takeaways Canopy Growth Corporation shares dropped Friday after reporting worse-than-expected earnings. Revenues came in 13% lower than a year earlier and net loss widened substantially. Canadian adult-use cannabis sales for the company decreased, offset by an increase in medical cannabis sales Canopy Growth Corporation (CGC) shares dropped Friday after the company's first-quarter fiscal 2025 earnings fell significantly short of expectations. The cannabis producer's revenue of 66.2 million Canadian doll ...
Canopy Growth Stock News: What's Going On With CGC Stock Today?
Investor Place· 2024-08-09 18:48
Canopy Growth (NASDAQ:CGC) is among the top Canada-based cannabis producers that investors are watching for clues on how the overall legal marijuana market is performing. Today's decline of more than 8% in CGC stock suggests continued weakness may be forthcoming. The cannabis producer reported revenue for the 2025 fiscal year of $75.8 million, which was down significantly from last year's total of more than $88 million. Even worse, Canopy reported that its net loss ballooned to $127.1 million, or $1.60 per ...
Canopy Growth(CGC) - 2025 Q1 - Earnings Call Transcript
2024-08-09 18:05
Canopy Growth Corporation. (NASDAQ:CGC) Q1 2025 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Tyler Burns - Director, IR David Klein - CEO Judy Hong - CFO Conference Call Participants Aaron Grey - Alliance Global Partners Frederico Gomes - ATB Capital Markets Michael Lavery - Piper Sandler William Kirk - Roth Capital Partners Operator Good morning. My name is Joelle [ph]. I will be your conference operator today. I would like to welcome you to Canopy Growth's First Quarter Fiscal ...