Exchange: NASDAQ·Updated 07:42 PM EDT
CGC logo

CGC Canopy Growth Corp

$0.6715
$0.0105
(1.58%)
Today
Closed $0.6758
$0.0043
(0.64%)
After Hours
EarningsNov 6
Mkt Cap$283.54M
Vol1.88M

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.
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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! 🌱
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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.
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peloswing
As we approach the mid-term elections and marijuana legalization once again becomes a topic of debate, $CGC is a good chart to keep an eye on. Huge triangle and pretty close to breaking out. If it can reclaim its 50 DMA, watch out above 📈🌿 Pretty likely $1+ is coming again in the near future
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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.
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LetsgobrandonFJB2024
$CGC the manipulation of this industry is fucking criminal. The fact that they have this stock in the $.70 area is just bullshit. They’re trying to force a reverse split. I don’t know who “they are“ but there’s no other reason for it. There have been nothing but good news announcements and everyone knows that rescheduling is gonna happen and this stock consistently goes down. It’s disgusting. It’s disgusting.
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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
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LetsgobrandonFJB2024
$CGC Again, disgusted by what’s allowed to happen in this industry. The fact that you take companies and reduce them by over 99% over the last few years is bad company management, actually it’s more like criminal management. But then to let the market makers and everyone else manipulate the stock price now to almost nothing when there has been a tremendous amount of good news and turnaround information about the company, then you add rescheduling on top of that and it’s still falls over 20% in a week? That’s bullshit. Somebody on the inside is definitely trying to angle for that reverse split. Ironic how they push the vote off by a few weeks, then all of a sudden the rescheduling delays came in. It’s disheartening when you invest your hard earned money and believe that it’s going to be a fairly traded fund and then you find out you were just ripped off by the biggest bunch of scumbags on the planet.
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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
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
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FlowStates
$CGC this will pop very soon. Bullish asf They got all the stops and cheap shares (MM) probably positioned for the cannabis reform. (pharma These companies should 500-2000% from the lows on any federal action. Once money rotation comes in from the other over valued crap sectors (a.i, semis tech Americans will need to smoke alot to combat the upcoming greater depression or forget war times.
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michaelollieclayton
$CGC Possible "October Surprise" 😇 before the midterm elections aside, if Dems seize control of both Houses of Congress, Trump will still be able to push S3 up until Congress is seated in 2027. If Trump fails, Congress will be able to legalize weed entirely with no input from the DEA required, thus giving the Congressional Dems a big PR Mandingo bone. As such, it looks like there's a 34 - 130 day +/- window of opportunity that people will be smoking weed in the streets forevermore. I could be wrong .🫪🧐
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LetsgobrandonFJB2024
$CGC does anyone else see the phony irony of the stock being below $.70 on the day of the vote for the reverse split? They forced this down from almost a dollar to under $.70 in alittle over a week for NO REASON!!! no horrific news came out, if anything all news relating to this company has been positive. So that just leads me to believe that this is nothing but total manipulation and total bullshit. The fact that the SEC allows this is a joke. Much like the NASDAQ is a joke. I really think it’s disgusting What these scumbags do to retail investors. I only hope karma is real, and they all get what karma deems suitable Fuck them fuck you bashers and fuck you aimless supporters and fuck this industry. Enough is enough
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.
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michaelollieclayton
$CGC For the sake of clarity, perhaps it is time to stop referring to medical marijuana as "medical" marijuana, but, instead, rebranding it "PHARMACEUTICAL MARIJUANA." As such, the reality of weed's financial fate becomes exponentially clearer. Medical marijuana, as it were, is already rescheduled. Recreational marijuana is the contentious twin. Pharmaceutical marijuana rules the day for now, and once flushed into the Medicare and Medicaid mainstream, particularly as the anti-opiod (and all the proven horrors of "piod" addiction), will completely flip the stupid-ass script on the disastrously flawed, failed War on Drugs.
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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
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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! 🚀 🚀 🚀
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MoLongJohnson
$CGC Started to load the boat here. Added 3000 shares today. Will keep adding under a dollar 🤑
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Morgswins
$CGC tutes and the globalist elites are trying their dammdest to shake retails out. HOLD!
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