Canopy Growth(CGC)

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Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan Mine
Newsfile· 2024-07-30 20:30
● • ● Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan Mine July 30, 2024 4:30 PM EDT | Source: Canadian Gold Corp. Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to provide an exploration update for the Tartan Mine property, located near Flin Flon, Manitoba. Phase 3 Drill Program Initial Focus: Expanding the Hanging Wall Zone & Main Zone The Phase 3 Drill Program is now underway at the Tartan Mine. The Company ...
Canopy Growth to Report First Quarter Fiscal 2025 Financial Results on August 9, 2024
Prnewswire· 2024-07-26 11:00
Following the release of its first quarter fiscal year 2025 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on August 9, at 10 AM Eastern Time. A replay will be accessible by webcast until 11:59 PM ET on November 7, 2024 at: https://app.webinar.net/Lm5q6QW1Apv Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through an unconsolidated, non-controlling interest in Canopy USA, which ow ...
Why Canopy Growth Stock Jumped 9% on Monday
The Motley Fool· 2024-07-22 17:02
Chances for near-term marijuana legalization just improved by quite a lot. Four years ago, plus or minus a few months, then-Senator Harris made news when, in the course of a debate with then-VP Mike Pence, she promised that a Biden-Harris administration would "decriminalize marijuana, and we will expunge the records of those who have been convicted of marijuana." Potentially, quite a lot. Over the weekend, as you may have heard, President Joe Biden announced he will not run for reelection this year, and Vic ...
Canopy Growth Corporation (CGC) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-07-19 23:05
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.92% higher. Canopy Growth Corporation is currently a Zacks Rank #3 (Hold). In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$1.07 per share and a revenue of $21 ...
Canadian Gold Corp. Closes Over-Subscribed Private Placement
Newsfile· 2024-07-17 20:30
The Company issued 1,968,750 flow through shares at a price of $0.16 per share for gross proceeds of $315,000 in its first tranche closing on June 21, 2024, and on July 17, 2024 the Company issued: (i) 7,625,000 flow through shares at a price of $0.16 for gross proceeds of $1,220,000; and (ii) 714,250 common shares at a price of $0.14 for gross proceeds of $99,995. Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion ...
Canopy Growth Corporation (CGC) Advances But Underperforms Market: Key Facts
ZACKS· 2024-07-12 23:06
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.07 per share and revenue of $219.95 million. These totals would mark changes of +73.58% and -10.04%, respectively, from last year. In the latest market close, Canopy Growth Corporation (CGC) reached $6.50, with a +0.31% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciate ...
It Has Been 5 Years Since Canopy Growth Made This Monumental Move
The Motley Fool· 2024-07-12 10:33
Here's a look at how the company and the stock have fared since then, and if Canopy Growth has indeed become a better buy. Constellation Brands was a key investor in the business, and the cannabis producer's poor financials were hurting its own numbers. Klein came over from Constellation, presumably to help clean up the business and improve the financials. The stock has taken a beating in five years Overall, there's no compelling reason to say that Canopy Growth is in a better situation today than it was fi ...
Will the U.S. Election Help Give Tilray Brands and Canopy Growth a Year-End Boost?
The Motley Fool· 2024-07-10 08:15
Two stocks that often surge when there's talk of marijuana reform are Canopy Growth (CGC -1.12%) and Tilray Brands (TLRY 0.86%). They are among the most popular and recognizable pot stocks on the market, and they have a lot to gain should legalization take place. Cannabis stocks have generally done well during the fourth quarters of election years. Could their shares rally toward the end of the year? Following the 2020 election, shares of Canopy Growth and Tilray Brands took off. President Joe Biden's elect ...
Canopy Growth Corporation (CGC) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-06-27 23:06
Canopy Growth Corporation (CGC) ended the recent trading session at $6.67, demonstrating a +0.6% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.09%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.3%. The investment community will be paying close attention to the earnings performance of Canopy Growth Corporation in its upcoming release. It is anticipated that the company will report an EPS of -$0.32, marking a 20% rise compared to ...
Is It Too Late to Buy Canopy Growth Stock?
The Motley Fool· 2024-06-22 11:45
Canopy Growth's fundamentals remain underwhelming Are the cannabis stock's best days behind it? Fast-forward to today, and I would hesitate to classify the stock as a leading company or a top growth stock to own. There are larger cannabis companies than Canopy Growth out there, and it hasn't been much of a growth business of late -- it has been slashing costs and pivoting to an "asset-light" model in order to conserve cash. But Canopy remains hopeful about the U.S. legalizing cannabis because if that happen ...