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%.Prior to today's trading, shares of the company had lost 21.82% over the past month. This has lagged the Medical sector's gain of 1.69% and the S&P 500's gain of 3.38% in that time.The investment community will be paying close attentio ...

Are the cannabis stock's best days behind it?Before Canada legalized marijuana in 2018, Canopy Growth (CGC -3.79%) was seen as a top cannabis stock, an industry leader, and arguably one of the best stocks to invest in for people who were bullish on the prospects for marijuana reform at the time.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 grow ...

Canadian Gold Corp. Phase 3 Exploration to Begin at Tartan Mine; Three Priority Zones Will Be Drilled with Potential for Major Impact to Resource Size & Project EconomicsJune 20, 2024 7:00 AM EDT | Source: Canadian Gold Corp.Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce its Phase 3 exploration program at the Tartan Mine, located 14 km from Flin Flon, Manitoba. Phase 3 is scheduled to start at the b ...

Canopy Growth Corporation (CGC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -29.9%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Medical - Products industry, which Canopy Growth falls in, has lost 1.4%. The key question now is: What could be the stock's future dir ...

This move has been more than five years in the making.Canopy Growth (CGC -1.71%) has finally done it. After five years, it has found a way to close on its pending acquisition of Acreage Holdings, one of the top multi-state operators (MSOs) in the U.S. cannabis market. But a big caveat comes with the announcement -- it won't actually be able to consolidate Acreage's results due to the federal ban on pot.So what does this really mean for Canopy Growth investors? Here's a look at the key takeaways for investor ...

Toronto, Ontario--(Newsfile Corp. - June 13, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces a non-brokered private placement offering of up to $1,500,000, by the issuance of both flow-through common shares and non-flow through common shares.Each flow-through share will be priced at $0.16 per share, and each non-flow through common share will be priced at $0.14.The use of proceeds shall be used primarily for exploration at the Company's Tartan Lake Project in Flin Flon, ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Canopy Growth can't make money selling cannabis -- so it's selling shares instead.Canadian cannabis company Canopy Growth (CGC -8.71%) tumbled 9.8% through 11:55 a.m. ET Thursday after announcing plans to create and sell $250 million new Canopy shares at whatever the market price is when the sales occur.Precisely when such sales will occur "will be determined in the Company's sole discretion." But management might want to wait a bit before selling -- because if it sells right now, it'll be getting 8% less m ...

SMITHS FALLS, ON, June 6, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that the Company has established an at-the-market equity program (the "ATM Program") that allows Canopy Growth to issue and sell up to US$250 million (or its Canadian dollar equivalent) of common shares of the Company ("Common Shares") from treasury from time to ti ...

Canopy Growth Corporation (CGC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -17.6%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Medical - Products industry, which Canopy Growth falls in, has gained 0.6%. The key question now is: What could be the stock's future d ...