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Canopy Growth Corp

WEED.TO

Latest Trade

36.40CAD

Change

1.33(+3.79%)

Volume

1,158,381

Today's Range

35.16

 - 

36.48

52 Week Range

30.30

 - 

76.68

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
35.07
Open
35.45
Volume
1,158,381
3M AVG Volume
38.78
Today's High
36.48
Today's Low
35.16
52 Week High
76.68
52 Week Low
30.30
Shares Out (MIL)
346.66
Market Cap (MIL)
12,618.38
Forward P/E
-9.63
Dividend (Yield %)
--

Next Event

Q2 2020 Canopy Growth Corp Earnings Release

Latest Developments

More

Constellation Brands Recognizes Equity In Losses & Related Activities From Investment In Canopy Growth

Canopy Growth Receives Key Extraction Licence

Canopy Growth On Track To Unveil Portfolio Of Value-Add, Higher-Margin Products In Various Form Factors In October 2019

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About Canopy Growth Corp

Canopy Growth Corp, formerly Tweed Marijuana Inc, is a Canada-based multi-brand cannabis company. The Company, through its subsidiaries Tweed Inc, Bedrocan Canada Inc, Tweed Farms Inc and Mettrum Health Corp is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.

Industry

Biotechnology & Drugs

Contact Info

1 Hershey Dr

+1.613.5999600

https://www.canopygrowth.com/

Executive Leadership

John K. Bell

Independent Chairman of the Board

Rade Nikola Kovacevic

President

Mark Zekulin

Chief Executive Officer

Mike Lee

Acting Chief Financial Officer

Olivier Dufourmantelle

Senior Vice President - Strategic Expansion and Continuous Improvement

Key Stats

2.15 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2017

0.0K

2018

0.1K

2019

0.2K

2020(E)

0.6K
EPS (CAD)

2017

-0.130

2018

-0.400

2019

-2.570

2020(E)

-3.778
Price To Earnings (TTM)
--
Price To Sales (TTM)
43.38
Price To Book (MRQ)
2.20
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
14.37
LT Debt To Equity (MRQ)
14.04
Return on Investment (TTM)
-37.65
Return on Equity (TTM)
-34.58

Latest News

CORRECTED-UPDATE 4-Weed leader Canopy Growth ousts co-CEO Bruce Linton (July 3)

Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder expressed disappointment over its loss-making streak.

Canopy Growth needs another 3-5 years to turn profit

Canopy Growth Corp <WEED.TO> said on Thursday it expects another three to five years to turn in a profit as Canada's largest cannabis company invests heavily to diversify and expand.

Canopy Growth posts bigger quarterly loss on C$1.2 bln charge

Canopy Growth Corp, Canada's largest cannabis company, reported a bigger quarterly loss on Wednesday, as it took a one-time charge of C$1.2 billion related to the expiry of warrants held by Constellation Brands, which holds a major stake in the company.

Canopy Growth co-CEO Bruce Linton to step down

Canadian cannabis producer Canopy Growth Corp said on Wednesday Bruce Linton will step down as co-chief executive officer, effective immediately.

Weed leader Canopy Growth done with buying smaller producers: CEO

The biggest of Canada's booming pot growers, Canopy Growth Corp, has further to go on a string of acquisitions that has seen it suck up at least 12 smaller firms in a year, but it is done buying other producers, Chief Executive Officer Bruce Linton said.

UPDATE 1-Canopy Growth fourth-quarter revenue beats as cannabis sales soar

Pot producer Canopy Growth Corp reported better-than-expected quarterly revenue on Thursday, as efforts to strengthen its retail operations paid off and increased production capacity resulted in higher sales following Canada's legalization of recreational cannabis.

Canopy Growth reports more than four-fold rise in fourth-quarter revenue

Canadian pot producer Canopy Growth Corp reported a more than four-fold jump in quarterly revenue on Thursday, benefiting from higher sales following Canada's legalization of recreational cannabis.

RPT-Canopy Growth pushes into cannabis beauty and wellness with This Works buy

Canopy Growth Corp said on Wednesday it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules.

Acreage shareholder Marcato to vote against deal with Canopy Growth

Acreage Holdings Inc shareholder Marcato Capital Management LP said on Monday it would vote against the company's proposed $3.4 billion deal with Canopy Growth Corp.

Acreage shareholder Marcato to vote against deal with Canopy Growth

Asset manager Marcato Capital Management LP, a shareholder of Acreage Holdings Inc, said on Monday it would vote against the company's proposed deal with Canopy Growth Corp.

Hedge fund Marcato opposes Acreage's sale to cannabis producer Canopy

Hedge fund Marcato Capital Management said on Monday it opposed marijuana company Acreage Holdings Inc's $3.4 billion sale to rival Canopy Growth Corp, arguing Acreage was too hasty in agreeing to a deal at too low a price.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Canopy Growth to buy Acreage in $3.4 billion deal

Canopy Growth Corp said on Thursday it had secured a right to buy Acreage Holdings Inc for $3.4 billion once the United States legalizes the production and sale of cannabis.

Canopy Growth to acquire Acreage in $3.4 bln deal

Canadian marijuana producer Canopy Growth Corp said on Thursday it would buy U.S.-based pot firm Acreage Holdings in a deal valued at $3.4 billion.

Canopy Growth nearing deal to buy U.S.-based pot company Acreage Holdings: source

Canadian marijuana producer Canopy Growth Corp is close to a deal to buy U.S.-based pot firm Acreage Holdings, a source familiar with the matter told Reuters on Wednesday.

Canada's Canopy Rivers secures C$1.6 bln valuation in trading debut

Cannabis investor Canopy Rivers Inc, the venture arm of industry giant Canopy Growth Corp went public on Thursday in a debut that gave it a market capitalization of about C$1.6 billion ($1.24 billion), more than double its valuation prior to the listing.

Corona owner invests another $4 billion in cannabis producer Canopy

Corona beer maker Constellation Brands <STZ.N> will infuse another $4 billion into Canada's top cannabis producer Canopy Growth <WEED.TO>, the biggest investment in the industry, to capitalize on booming demand for marijuana.

Corona beer maker to invest $4 bln more in weed producer Canopy

Constellation Brands Inc said on Wednesday it would invest $4 billion more in Canopy Growth Corp , raising its ownership stake in the Canadian marijuana producer to 38 percent.

Canopy Growth to buy Tokyo Smoke owner Hiku Brands for C$269.2 million

Canada's Canopy Growth Corp <WEED.TO> is buying Toyko Smoke cannabis owner Hiku Brands Co Ltd <HIKU.CD> for C$269.2 million ($205.3 million), the latest deal in a fast-consolidating sector ahead of legal recreational marijuana sales.

BRIEF-Canopy Growth Announces Inaugural Trading Date On The New York Stock Exchange

* CANOPY GROWTH ANNOUNCES INAUGURAL TRADING DATE ON THE NEW YORK STOCK EXCHANGE

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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