Canopy Growth Stock

WEED Stock: So Close, Yet So Far There have been a number of developments on the Canopy Growth Corp (TSE:WEED) stock chart that are worth noting, and this is why I have decided to focus on WEED stock once again. The last time I focused on Canopy Growth stock,…

WEED Stock: Patience Is Still Warranted The entire marijuana stock sector is under pressure, and not a single name is being spared, as liquidation is the order of the day. Canopy Growth Corp (TSE:WEED, CVE:CGC) stock and its peers are now in a free fall, to the dismay…

WEED Stock: Patience Is Warranted I have mentioned on numerous occasions—and I couldn't stress it enough—that when the government came out with the guidelines regarding recreational marijuana, it would cause all the speculative hot money that created a buzz in this sector to head for the exits. This…

WEED Stock: Awaiting a Resolution Marijuana stocks. Just the sounds of these two words side-by-side puts a slight smirk on my face. I could have never fathomed that marijuana would become legal in my lifetime, let alone that I would be analyzing investments in this sector like Canopy Growth Corp…

WEED Stock: Awaiting the Announcement This new year began as a muted affair for Canopy Growth Corp (TSE:WEED) and other licensed marijuana producers, as the volatility and erratic trading action that became a staple of this sector ground down to a peaceful daze in recent weeks. This lethargic…

CGC Stock: Bullish Alignment The gyrations in Canopy Growth Corp (TSE:CGC, CVE:CGC) stock have settled down over the last few weeks and volatility has contracted. I honestly believe that this little lull that has been created is only temporary and will not last long. This is perhaps the calm…

CGC Stock: Bullish Potential I can't even begin to count the number of conversations I came across this holiday season with regards to marijuana stocks and the potential surrounding this sector. I recently wrote a report on Canopy Growth Corp (TSE:CGC, CVE:CGC) stock in which I outlined the signals that…

CGC Stock: Bearish Headwinds There is never a dull moment when it come to the mania surrounding Canopy Growth Corp (TSE:CGC, CVE:CGC) stock and the licensed marijuana producers. A number of developments have just occurred and it has me believing that lower prices are possibly just ahead. These lowers…

How the Canadian Feds Helped Boost Canopy Growth Stock  Canopy Growth Corp (CVE:CGC, TSE:CGC) got a helping hand from the Canadian federal government on Tuesday as the task force appointed to study the legalization of marijuana released its recommendations. Canopy Growth stock sparked up by four percent as the task…

CGC Stock: Still Looking Canopy Growth Corp (TSE:CGC, CVE:CGC) announced on December 1, 2016, that it would be acquiring a competitor in Mettrum Health Corp (CVE:MT) for an all-stock deal. Initially, both CGC stock and MT stock advanced on this news, with Mettrum stock enjoying a 38% gain…

Why Were Canopy Growth and Marijuana Stock Down?  Canopy Growth Corp (CVE:CGC, TSE:CGC) is starting off the week on a down note, this time falling by almost five percent after it announced today that it has sold $60.0 million worth of stock to a syndicate of underwriters led by GMP Securities…

Is Canopy Growth About to Become a Mega Marijuana Stock Company?  Canopy Growth Corp (CVE:CGC, TSE:CGC), Canada's largest public medical marijuana company, may get even bigger. Canopy Growth has offered $430.0 million to acquire Toronto-based Mettrum Health Corp (CVE:MT), which would form a dominant pot company servicing nearly half of…

CGC Stock: Rodeo Show The wild ride in Canopy Growth Corp (TSE:CGC) continues, and it is starting to get gut-wrenching. If there was ever a literal meaning of bull market, this is it. The volatility in price is acting like a bull trying to throw an investor off…

This Is Why Canopy Growth Corp. CEO Believes It Can Be World Leader in Pot Canopy Growth Corp. (CVE:CGC, TSE:CGC) CEO Bruce Linton says that the volatility of the company's stock is no reason to doubt its value. Linton told CBC in an interview: Most of the world . . .…

After dropping 15% on Tuesday, Canopy Growth Corp (CVE:CGC, TSE:CGC) stock shot up with a 20% rebound on Wednesday, marking another change of fortune in the unpredictable marijuana production market. The roller coaster that many of these marijuana producers—including Canopy Growth—have been riding recently shows no sign of slowing down,…

CGC Stock: Patience is Warranted The wild ride in marijuana stock continues. Unfortunately the price action since Wednesday of last week has been to the downside, and the likelihood that a blow-off top has been put in continues to grow. Canopy Growth Corp (TSE:CGC, CVE:CGC) stock is down 34.5%…

Canopy Growth Corp (CVE:CGC) stock is down 17.5% as the number of short-sellers' bets begins to skyrocket. Short-sellers have begun circling Canopy Growth, which is not a good sign for the long-term value of the stock. (Source: "Short-sellers piling into Canopy Growth and other marijuana stocks," The Globe and Mail, November 21,…

Canopy Growth: Have Marijuana Stocks Finally Topped? Marijuana is set to become legal in California, which is big news for marijuana stocks like Canopy Growth Corp (TSE:CGC, CVE:CGC). This is all just speculation until the California State government finally releases the details surrounding marijuana legalization and how consumers will be…