The latest trading session saw Canopy Growth Corporation (CGC) ending at $7.60, denoting no adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.08% for the day. Meanwhile, the Dow experienced a rise of 0.75%, and the technology-dominated Nasdaq saw an increase of 2.64%. Heading into today, shares of the company had gained 21.41% over the past month, outpacing the Medical sector's gain of 0.71% and the S&P 500's loss of 0.44% in that time. The investment co ...

Top Cannabis Stocks For Cannabis Investors 2024Marijuana stock investors are prepping for future trading. Many who are invested in cannabis are focused on the long term. With how volatile the sector can be there have been some moments to take profits. However, with the need for better regulations and all-around reform planning for the future is where many feel the money is. Currently, there is no federal reform in place even with the DEA’s approval to reschedule cannabis.The growth of the cannabis industry ...

Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan MineJuly 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 Com ...

SMITHS FALLS, ON, July 26, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2025 ended June 30, 2024 before financial markets open on August 9, 2024.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.Webcast InformationA live audio webcast ...

Chances for near-term marijuana legalization just improved by quite a lot.Canopy Growth (CGC 8.84%) stock surged 9.4% through noon ET Monday morning -- and it's not hard to figure out why.Over the weekend, as you may have heard, President Joe Biden announced he will not run for reelection this year, and Vice President Kamala Harris is currently the most likely candidate to take his place. Investors who recall the VP's pro-marijuana legalization comments from the last election are betting this bodes well for ...

In the latest trading session, Canopy Growth Corporation (CGC) closed at $7.13, marking a -1.25% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.71% for the day. Elsewhere, the Dow saw a downswing of 0.93%, while the tech-heavy Nasdaq depreciated by 0.81%.Shares of the company have appreciated by 1.4% over the course of the past month, outperforming the Medical sector's loss of 0.16% and the S&P 500's gain of 1.08%.Analysts and investors alike will be keeping a ...

Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of its final tranche closing of its private placement offering, raising an aggregate $1,634,995 (see also news release dated June 21, 2024).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 s ...

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 appreciated by 0.63%.Shares of the company witnessed a loss of 13.14% over the previous month, trailing the performance of the Medical sector with its gain of 0.19% and the S&P 500's gain of 4.28%.Analysts and investors alike will be keeping a ...

文章核心观点 - 过去5年,Canopy Growth公司股价下跌98%,业绩表现非常糟糕 [1][12] - 公司在2019年更换了CEO,由David Klein接任,旨在改善公司的运营 [2][3] - 但公司的财务状况并未显著改善,仍然难以实现盈利 [9][11] 公司概况 - 在前任CEO Linton的领导下,Canopy Growth是一家领先的、专注于增长的大麻公司 [5] - Linton曾计划通过收购Acreage Holdings来进军美国市场,但这一计划至今未能实现 [6] - 前任CEO Linton过于注重增长,忽视了成本控制的重要性 [7] - 新任CEO Klein此前来自康斯特拉品牌公司,被认为可以帮助公司改善财务状况 [8] 财务表现 - 过去5年,公司营收增长36%,但净亏损基本没有改善 [10][11] - 公司在高度竞争的加拿大市场中挣扎,很难实现盈利 [16] - 公司在规模和收入方面已经落后于同行Tilray、Curaleaf和Trulieve [15] 未来展望 - 公司5年前期待美国大麻合法化,但至今仍未实现 [18] - 未来5年内公司业绩很难有明显好转,仍然是一个高风险的投资标的 [19]

Cannabis stocks have generally done well during the fourth quarters of election years.Federal marijuana legalization isn't likely to happen anytime soon, regardless of who wins this year's presidential election. But it doesn't need to happen right away. Often, all it takes to move the needle for cannabis stocks -- and sometimes to turn them into scorching-hot gainers -- is for the market to start believing that eventual legalization may be inevitable.Two stocks that often surge when there's talk of marijuan ...