Exchange: NASDAQ·Updated 07:57 PM EST
CGC logo

CGC Canopy Growth Corp

$0.6515
$0.0242
(3.58%)
Today
Closed $0.6515
$0.0013
(0.20%)
After Hours
Reported EarningsNov 6
Mkt Cap$273.35M
Vol6.83M

About CGC

Canopy Growth Corp. engages in the production, distribution, and sale of cannabis and cannabinoid-based products for both adult-use and medical purposes. It operates through the following segments: Cannabis, Storz and Bickel. The Cannabis segment includes the global production, distribution and sale of a diverse range of cannabis and cannabis-related products. The Storz and Bickel segment produces and sells vaporizers. The company was founded by Bruce Linton on August 5, 2009 and is headquartered in Smith Falls, Canada.
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Bullish Sentiment

How do you feel about CGC?

Prit89
$CGC $TLRY Good news: The DEA opposes rescheduling opponents’ request for new testimony and document discovery. The agency still supports Schedule III. The judge now has to decide—so this is a positive procedural step, but not a final decision yet.
20
Mainermatt
$CGC this is exactly the chart pattern I was hoping for today. Typically marks a bottom. Cautiously optimistic with the finish.
11
Prit89
$CGC $TLRY The opponents have filed their replyand this time Judge Julius gave them only a few hours to respond, compared with the week or two allowed in earlier rounds. The decision is now in his hands: reopen the hearing or move toward a recommendation. The tight deadline could help avoid further delays. Hopefully, the process moves forward soon! 🌱
16
Prit89
$CGC $TLRY One more important point from the DEA’s new response: The agency calls the requested discovery an “obvious fishing expedition.” It says the opponents haven’t identified specific withheld documents, that their requests are far too broad, and that much of the information was already covered in the hearing. The DEA therefore says there’s no basis to reopen the proceeding for more testimony and discovery. The judge will decide.
15
NeedsAwin
$CGC I’m not at all a fan of the idea but they passed this same thing last year. The ability to RS. They did not use it. If things go well they won’t need to use this one either. It will expire unused like the last one.
11
michaelollieclayton
$CGC Even if a voters approve a 1:5 - 1:15 reverse split on Friday, October 23, the point might be moot if we get an October Surprise from the Administrative Judge, and subsequently/immediately from the head of the DEA, at which point there is great consensus that CGC will move past $1 for the rest of eternity. But if not, the window of single dollar elevation remains open until April 2, 2027, ten days before the April 12, 2027 non-compliance date. During the second scenario, either the DEA will have moved or if the Dems get control of Congress during the midterms in two weeks they will quite probably have seized the day by then and legislatively legalize dat skunk after being seated in late January 2027, which would also be a needle mover for CGC...
11
Movingmoney12
$CGC Vote against the split. Corporate bi laws allow them to split without approval to save listing status. They just want shareholders complicit in dilution and diminished shareholder equity. If they could spend 120 million buying MTL they could and should institute a buy back of 100 million shares at 71 cents
1
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DavidHasselhoff
$CGC I will be curious why this is happening. It has been nothing been a decent stream of positive news and the company is clearly in a better spot than they were even a year ago. No debt due until after 2030; enough cash to pay off the debt if needed, enhanced supply chain to the EU, book value is around $1.15/share. I have another round of buying that I will do at $.65 or if there’s a clear flush out where it looks like a double bottom.
11
DavidHasselhoff
$CGC listened to the earnings call. I agree with that it didn’t sound as bad as the price action. Frankly, based on the number of shares trading today this could be manipulated as it’s about $3M worth of trading. They’re still in the prove it phase though and haven’t proven it. I really wish there was more insight on CUSA and the plan for Acreage which is a huge drag.
7
kc444
$CGC Turnaround plan sounds like it’s starting to show some positive signs. Profitable by next year and an improving regulatory climate in the US is very bullish for this stock.
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xXGeheimXx
$CGC Okay, i am really sorry for everybody invested in this - including me. It's been a sad ride and if i ride it further then there is no recovering for me anymore. There are no words on how miserable this stock has performed and eventually we are all here to profit financially. I know, the price of a stock is not the worth of a stock. But THIS SCAM IS NOT A STOCK. The more something is politically involved, the more corrupt it is. I am sick of loosing my well earned money. Dreaming of an own house has made me greedy enough to invest in something bad as this is. Still not sure if i should call it a day or not. Listening to dudes in the internet never got me anywhere so pls, even if you mean it good, don't talk me into anything. I mean HOW! I needed a sign this is still worth it. All the uncertainty and fear. Until now it only fed what i was afraid of and now i know i have to face it ...
7
tlry123
$CGC לכו תתצביעו לדמוקרטים ששליטה מלאה ברונגרס ובסנאט יקפיצו את מניות הקנאביס תצעו להצביע רק לדמוקרטים בוא נתפלל לאלהים שהם זוכים בכל המושבים תצעו להצביע
2
4
FlowStates
$CGC When bears and shorts need to cover we fly over 2.00Usd in a short amount of time.
8
mchammertime
$CGC what a pos show this has been So glad im up 200% this month with $TXTM Looks like it might end up being my stock of the year
9
Movingmoney12
$CGC vote no on the reverse split. Force them buyback bloat. Retail owns the float so they cant do it without our help. The institutions are gated due
8
kc444
$CGC Some of the democratic politicians (ie Talarico TX) are talking legalization if they win. Yes, yes they’ve lied about this before, but this time might be different given the presidents softer stance on the topic. Not if but when that miracle of common sense happens…to the moon we go! 🚀 🚀 🚀
8
FlowStates
$CGC When $QQQ and $SPY money rotates into long beaten down sectors like Cannabis for assymetrical risk / reward plays while broad markets take a beating. MakeCannabisGreat Again Possible reschedule from 1 to 3 will be next catalyst for money rotation to pour in and make multiples from these lows while other assets will deliver BETA returns cannabis might deliver ALPHA $CGC
6
Mainermatt
$CGC they confirmed positive adjusted EBITDA within the next two quarters (3/31/2027). They also confirmed no reverse split unless they have to in order to comply with Nasdaq. They have until April 12, 2027 to get above 1.00. Being over 1.00 for just 10 consecutive days will reset the clock.
5
FlowStates
$CGC food for thought,print RS stuff, share price grows organically back to over 1usd. Trap all retail bears shorting. Squeeze it up
7
xXGeheimXx
$CGC I would laugh if it wasn't my money they played with. Even if there was spare money - this stock wouldn't deserve it. No bad news but this stock is suddenly 30% cheaper? Are you kidding me. Where did this 30% go? I loved the time i was complaining about inflation and not this. I don't know how long they can play this game but this will be my last play. Wishing one day it gets better is aweful. I like my life but this is just messing with my mentality. I am not in control, i (am) lost big time in this, but the only this keeping me from selling is the knowledge that this is way too cheap.
7

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