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Similar to most other cannabis stocks , Canopy Growth ( TSX:WEED ) trailed the broader markets by a wide margin in 2022. Currently valued at a market cap of $1.6 billion, Canopy Growth stock fell by 72% last year and is now down 96% from all-time highs. But Canopy Growth h...
Stocks gained Wednesday and rates slid as investors digested key jobs and manufacturing data ahead of the Federal Reserve's meeting minutes release. The Dow Jones Industrials came out of the pit it had been in and leaped 220.54 points near noon Wednesday at 33,356.91 The S&P 500 spran...
Canopy Growth Completes Divestiture of Canadian Retail Operations Canada NewsWire Transaction supports the Company's focus on achieving profitability through streamlined operations in Canada SMITHS FALLS, ON , Jan. 3, 2023 /CNW/ - Canopy Growth Corpor...
Cannabis stocks have passed through a very difficult year. Canopy Growth ( TSX:WEED ) is a Toronto-based cannabis producer that is engaged in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes in Canada, the United States, an...
The New Year is fast approaching. Yet, 2023 is promising to be quite challenging. Economists believe that interest rates may continue to rise, especially with the Bank of Canada stating as much. That being said, many are also wondering if now is still the right time to invest. After all, we m...
Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Dow Jones Industrials fell 162.92 points to finish a dismal Monday at 32,757.54 The S&P 500 subsided 34.7 points to 3,817.66. The NASDAQ Composite Index chucked 159.38...
Cannabis stocks are down this year, as they have been down most years post-legalization. In the lead-up to Canadian federal legalization, cannabis stocks rallied, as huge merger and acquisition deals shook up the industry and investors expected huge revenues from legal pot. The revenue increases ...
The S&P/TSX Capped Health Care Index has been weighed down by the struggling cannabis sector in 2022. Indeed, these equities have failed to generate any significant momentum since recreational legalization became a reality in October 2018. Marijuana Life Sciences ETF ( TSX:HMMJ ) ...
CANOPY GROWTH TO RING NASDAQ OPENING BELL Canada NewsWire SMITHS FALLS, ON , Dec. 9, 2022 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announced that Chief Executive Officer David Klein and other Ca...
Canopy Growth ( TSX:WEED ) shares soared 35% in November before coming back down to earth and seeing just a 2% rise from the first to the last day of the month. Even so, Canopy Growth stock has seen shares increase by 47% since the end of October to date. So, what’s been happening, a...
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Canopy Growth to Report First Quarter Fiscal 2025 Financial Results on August 9, 2024 Canada NewsWire SMITHS FALLS, ON , July 26, 2024 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial result...
Hemp has various applications, with its stalk being made of fibers that are flexible and soft . Hurds, the plant’s woody inner core, are hard and rigid. Americhanvre, a company offering hemp-building solutions, recently passed a fire-resistance test for its product, Ereasy. The Ereas...
The Brazilian Supreme Court recently voted to decriminalize cannabis possession for personal use, joining other Latin American nations in this reform and potentially reducing its substantial prison population. The majority of the justices, since the discussions began in 2015, have supported thi...