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Canopy Growth CEO Departure Leaves Nasdaq-Listed Company Poised For Profit Surge - What Investors Need To Know
Friday, August 16, 2024 - 11:43am | 439Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Friday that CEO David Klein will retire at the end of the company's fiscal year - March 31, 2025. Klein, who has led the company since January 2020, will remain in his role until a successor is named. The Board of...
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From Underweight To Under Scrutiny: Can Canopy Growth Turn The Tide? Piper Sandler's Forecast On The Weed Giant
Monday, February 12, 2024 - 6:02pm | 848Could Canopy Growth Corporation (NASDAQ: CGC) be on the brink of turning its fortunes around, or is the optimism premature? Michael S. Lavery, a senior research analyst at Piper Sandler & Co., assigned CGC an 'Underweight' rating in his comprehensive analysis, signaling a cautious...
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Heritage Cannabis Reports $8.79M Q3 2023 Revenue, Showing Strong YoY Growth
Monday, October 2, 2023 - 2:47pm | 658Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) recently reported its financial results as at and for the three and nine-month periods ended July 31, 2023. “We are highly focused on the strategic vision of driving sustainable growth across the organization through increasing...
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These Cannabis ETFs Fall Short Amidst S&P/TSX Discontinuation: What Investors Need To Know
Monday, August 28, 2023 - 4:18pm | 1131In the ever-evolving world of investment, cannabis exchange-traded funds (ETFs) have found themselves in a precarious position in 2023. Amid a backdrop of struggling cannabis stocks and changing market dynamics, industry experts are raising concerns about the efficacy of certain cannabis-focused...
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A Guide To Evaluating Cannabis Stocks: Financial Metrics, Leverage, Governance, Dilution And More
Friday, July 21, 2023 - 3:46pm | 826Zuanic & Associates (Z&A), has launched its research service with thematic and macro reports, followed by selective equity stock coverage. Its expert evaluation framework guides you in making informed choices for cannabis stock investments. Highlights Of Zuanic & Associates'...
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Canopy Growth's Consolidation Strategy Following NASDAQ Notice That Shares Are Too Low For Too Long
Monday, July 17, 2023 - 5:42pm | 586Smith Falls-based Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) has received a non-compliance notice from the NASDAQ due to its shares' closing bid price remaining below $1 per share for 30 consecutive business days. However, the company has been granted a 180-day period to regain...
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Cannabis Sales In Canada Drop By 20% While Pre-Roll Products Increase Market Share
Friday, June 30, 2023 - 2:03pm | 535Cannabis sales in Canada have experienced significant growth, with a 157% increase from May 2020 to May 2023, according to data analytics company Headset. However, the growth rate has been declining over the past three years, with sales increasing by 88.3% between 2020 and 2021, but only by 11.8%...
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Cannabis Giant Canopy Growth Removed From Market Benchmark S&P/TSX Composite Index
Monday, June 5, 2023 - 5:05pm | 503S&P Dow Jones Indices announced changes to the S&P/TSX Composite Index, which will take effect on June 19, including the removal of Canopy Growth Corporation (NASDAQ: CGC) from the index, a major market benchmark. This decision by S&P Dow Jones Indices highlights Canopy's...
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Cannabis MSOs Are Refinancing At Higher Costs, Check Their Balance Sheets Analyst Advises
Sunday, January 8, 2023 - 10:11am | 726Even top multi-state operators (MSOs) are feeling the impact of the demand and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs. "As we continue...
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Canopy Growth: Analyst Maintains Price Target Of $3.30, Stays Neutral After Q3 Results
Wednesday, November 9, 2022 - 6:40pm | 607Canopy Growth Corporation (NASDAQ: CGC) (TSX: WEED) recently reported its financial results for the third quarter that ended September 30, 2022 (“Q3 2022”). Cantor Fitzgerald’s Pablo Zuanic said they stay Neutral on Canopy and maintain their 12-month price target of $3....
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Move Over Starbucks, Martha Stewart Has A Cannabis Pumpkin Spice Gummy On The Way
Wednesday, September 14, 2022 - 11:12am | 502Recently, Martha Stewart, known to millions as the Queen of Domestic Arts, launched a new limited-edition wellness gummy, Pumpkin Spice, a perfect addition to your wellness routine this fall season, say the ads. Pumpkin spice CBD gummies are available as 3 packs of 10 gummies, and as Stewart...
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After A Challenging March Quarter Canopy Growth Projects Positive EBITDA By FY 2024
Friday, May 27, 2022 - 5:53pm | 914Pablo Zuanic from Cantor Fitzgerald kept a rating of “Neutral” for the stocks of Canopy Growth Corp. (TSE: WEED) (NASDAQ: CGC) and lowered his 12-month price target to C$6.75 from C$7.75 due to the sectoral derating and reduced estimates. The Thesis According to Zuanic, Canopy...
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Growing The CBD Vape Category: Canopy Growth Leads With whisl
Tuesday, February 1, 2022 - 10:11am | 655Image provided by whisl This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) released its first-ever CBD vape this past September — whisl. This is Canopy...
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$600 Million Lawsuit Claims Fraud By Medical Marijuana Company Tied to Acreage Holdings
Tuesday, January 18, 2022 - 5:32pm | 319A state Supreme Court judge in New York City will begin hearing arguments on whether plaintiffs David Feder and EPMMNY LLC have authority to sue for damages multi-state operator Acreage Holdings, Inc. (OTC: ACRDF) (CNSX: ACRG.A.U) and other founders of NY Canna, a medical marijuana company, in a $...
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This Cannabis Company Has A Better 5-Year Return Than Ford, Alibaba, Facebook And Zynga
Wednesday, September 1, 2021 - 11:50am | 306Investors that added Canopy Growth Corp (NASDAQ: CGC) to their portfolio five years ago are seeing nothing but green in 2021. Since August 2016, Canopy Growth stock's five-year return has outperformed a number of the world’s most popular tech and e-commerce companies: Ford Motor Company (...