Canopy Growth Stock (NASDAQ:CGC)

USA |NASDAQ |USD

Price
$15.27
Change
12.94%
Today's Range
$13.88 - $15.22
52-Week Range
$11.43 - $50.92
Market Cap
$6.05B
Volume
14.57M

About Canopy Growth (NASDAQ:CGC)

(NASDAQ:CGC)

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis for recreational and medical purposes primarily in Canada, the United States, Germany, and the United Kingdom. It operates through two segments, Cannabis, Hemp and Other Consumer Products; and Canopy Rivers. The company's products include dried cannabis flowers, oils and concentrates, and softgel capsules. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, DNA Genetics CraftGrow, Tokyo Smoke, DOJA, Van der Pop, and Bean & Bud brands. The company also provides growth capital and a strategic support platform that pursues investment opportunities in the global cannabis sector. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada and NHL Alumni Association to examine the efficacy of CBD-based therapies as part of the mitigation of persistent post-concussion symptoms. As of February 14, 2020, it operated 28 cannabis retail stores under the Tweed or Tokyo Smoke name. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.

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CGC Stock Price

Statistics Highlights (NASDAQ:CGC)

Shares Outstanding 393.65M Beta 2.04
Public Float 251.01M P/E Ratio -
% Short of Float - Dividend (Yield) -
Held by Insiders 36.24% Ex-Dividend Date
Held by Institutions 16.61% IPO Date Apr 4, 2014

CGC Financial Summary

|
Mar 21 Mar 20 Mar 19
Revenue $546.65M $398.77M $226.34M
EBITDA $-1.62B $-1.31B $-607.79M
Net Income $-1.74B $-1.32B $-685.44M
Total Assets $6.82B $6.86B $8.73B
Total Cash $1.15B $1.30B $2.48B
Total Debt $1.72B $625.82M $945.98M
Sep 21 Jun 21 Mar 21
Revenue $131.37M $136.21M $148.44M
EBITDA $14.52M $445.01M $-661.35M
Net Income $-11.06M $392.42M $-699.98M
Total Assets $6.49B $6.97B $6.82B
Total Cash $807.62M $559.84M $1.15B
Total Debt $1.53B $1.69B $1.72B

(NASDAQ:CGC) Stock Price FAQs

What is today's stock price of Canopy Growth (NASDAQ:CGC)?

  • The current stock price of Canopy Growth (NASDAQ:CGC) is $15.27.
  • Today CGC stock price opened at $13.92 after previous close of $13.52.
  • During the day, Canopy Growth stock quote has varied from a low of $13.88 to a high of $15.23.

What is Canopy Growth's 52-week change?

  • CGC 52-week high stock quote is $50.92, which is 233.50% above the current share price.
  • The Canopy Growth (NASDAQ:CGC) 52-week low stock price is $11.43, which is 25.10% below the current share price.
  • Canopy Growth share price volatility (52-week beta) is 2.04.

Is Canopy Growth a buy?

  • According to 20 analysts, the current consensus recommendation for Canopy Growth stock is "Hold" at an average rating score of 3.25 (out of 5).
  • There are currently 3 "Strong Buy", 1 "Buy", 15 "Hold", 0 "Sell", and 1 "Strong Sell" analysts recommendations for the CGC stock.
  • The 12 month average price target forecast for CGC stock is $26.14, representing a 71.20% increase from the current CGC stock price of $15.27.

Canopy Growth (NASDAQ:CGC) FAQ

How Much is Canopy growth Worth?

Canopy growth's worth today based on market capitalisation is $6.05B

How much money does Canopy growth make?

Last quarter (ended on September 30 ,2021) Canopy growth generated a net income of $-11.06M, representing a 397.29% decrease compared to the same quarter a year before (ended on September 30 ,2020).
Last fiscal year (ended on March 31 ,2021) Canopy growth generated a net income of $-1.74B, representing a 32.06% increase compare to the previous fiscal year (ended on March 31 ,2020).
View More Details on Canopy growth's “Financials” Section

How much dividend does Canopy growth Pay?

The current annualized dividend payout for CGC stock is $0.00, the dividend yield is 0.00% and the payout ratio is 0.00%.
View More Details on Canopy growth's "Dividend" Section

What were Canopy growth’s last Earnings results?

For the last quarterly earnings period (ended on September 30, 2021) CGC reported $-0.01 EPS for the quarter, beating the average analysts’ forecasts of $-0.15 EPS by $0.14 (93.90%).
View More Details on Canopy growth's 'Earnings' Section

When is the next earnings date for Canopy growth (NASDAQ:CGC)?

Canopy growth is expected to report earnings on February 09 ,2022.
View More Details on Canopy growth's 'Earnings' Section

What is Canopy growth’s Price to Earning (PE) ratio?

CGC stock also has a Price to Sales (P/S) ratio of 10.64.

What is the Canopy growth's ticker?

Canopy growth trades on the NASDAQ stock market in USA under the ticker symbol "CGC". Canopy growth’s stock symbol can also be displayed as "NASDAQ:CGC".

When did CGC go public?

Canopy growth completed its initial public offering (IPO) on April 04 ,2014.

Who are the owners of Canopy growth?

Canopy growth (NASDAQ:CGC) is owned by 16.61% institutional shareholders and by 36.24% insiders. The rest is owned by the public.
The 3 top institutional shareholders are "Vanguard Group Inc", "ETF Managers Group, LLC" and "Two Sigma Investments LLC", representing 3.92% of Canopy growth’s total shares outstanding.
Explore More Details on Canopy growth's “Ownership” Section

Who are the key executives of Canopy growth (CGC)?

Canopy growth's key executive team includes the following managers:

  • Mr. David Eric Klein, CEO & Director (1964)
  • Mr. Rade Nikola Kovacevic, Pres & Chief Product Officer (1986)
  • Mr. Michael Alan Lee, Exec. VP & CFO (1973)
  • Mr. Julious C. Grant Jr., Chief Commercial Officer (1968)
  • Mr. Andrew MacCorquodale, COO & VP of Operations Transformation (NA)
  • Mr. Thomas Carlton Stewart, VP & Chief Accounting Officer (1982)
  • Mr. Thomas Shipley IV, Sr. VP of Quality Assurance & Chief Science Officer (1989)
  • Ms. Holly Lukavsky, Chief HR Officer (NA)
  • Mr. Timothy Rob Saunders F.C.A., FCPA, Strategic Advisor (1961)
  • Jason Green, Head of Agriculture - Hemp Division (NA)

What is Canopy growth’s Sector & Industry Classification?

Canopy growth (NASDAQ:CGC) is classified under the "Healthcare" sector and under the "Drug Manufacturers-Specialty & Generic" industry.

How many employees work for Canopy growth?

Currently the number of employees working for Canopy growth is 3,259.

Where are Canopy growth's Headquarters?

Canopy growth (NASDAQ:CGC) is headquartered in ON, Canada.

What are Canopy growth's Address and Phone Number?

Canopy growth’s mailing address is 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8.
The company’s phone number is 855 558 9333.

What is the official website for Canopy growth?

Canopy growth’s official website is http://www.canopygrowth.com