News
CGC
9.55
+32.09%
2.32
Why Marijuana and CBD Stocks Were Buzzing Today
A new poll in the U.S. Shows strong support for pot legalization in America. The fiscal budget for Ontario, Canada's largest province, expects to make $445 million from taxes on pot sales. The pot stocks of companies in the Canadian marijuana industry rose on the news.
The Motley Fool · 11h ago
Will Mitt Romney Kill the Rally in Cannabis Stocks?
A group of Republican lawmakers in the U.S. Have sent a letter to the DEA raising concerns about rescheduling cannabis as a lower-risk drug. Germany has legalized cannabis nationwide and other nations may follow. Many cannabis stocks are rising despite the anti-cannabis campaign in the United States.
Investorplace · 12h ago
Canopy Growth Corp. Stock Rises Wednesday, Outperforms Market
Shares of Canopy Growth Corp. WEED soared 32.55% to C$12.95 Wednesday. The company's stock closed below its 52-week high of C$26.00. The S&P/TSX Composite Index rose 0.89% to 22,107.08.
MarketWatch · 13h ago
Cannabis Stock Gainers And Losers From March 27, 2024
Canopy Gwth shares closed up 30.57% at $9.55. Green Growth Brands (OTC:GGBXF) shares closed down 99.00%. Canopy shares were the biggest gainers in the sector. Canopy and other cannabis companies closed up in the last day.
Benzinga · 13h ago
Canopy Growth rally continues with 28% gain after recent talk about federal cannabis reforms
MarketWatch · 14h ago
Cannabis rescheduling plans spark concerns among GOP senators
Republican senators are concerned about the Biden administration's plans to reschedule marijuana from a high-risk category to a low-risk one. The DEA is reviewing whether to rescheduling cannabis from Schedule I to Schedule III. Marijuana stocks have risen in anticipation of the decision.
Seeking Alpha · 17h ago
'GOP Senators Tell DEA To Reject Marijuana Rescheduling, Arguing It Would Violate International Treaties' - Marijuana Moment
Three Republican senators are urging the DEA to reject a marijuana rescheduling recommendation. The senators say the U.S. Should not move cannabis from Schedule I to Schedule III. They say the move would violate international treaty obligations. Supporters and opponents of rescheduled marijuana have made competing arguments.
Benzinga · 18h ago
Why April Could Be a Big Month for Canopy Growth
Cannabis producer Canopy Growth's stock soared 69% on Friday. The company's stock could be on the rise again in April. The stock could benefit from news related to the U.S. Marijuana market opening up. A special meeting on April 12 could also be a catalyst for the company. Canopy growth's stock is still a volatile investment.
The Motley Fool · 21h ago
Cannabis Stock Movers For March 26, 2024
Shares of Auxly Cannabis Group (OTC:CBWTF) closed up 72.31% at $0.04. Village Farms Intl shares closed up 19.81%. Canopy Gwth (NASDAQ:CGC) shares up 18.71%. Beleave shares closed down 99.96%.
Benzinga · 1d ago
Cannabis Stocks Heat Up Again Ahead of German Rollout
Cannabis stocks are climbing ahead of the German legalization date this Monday, April 1. The German parliament announced last Friday that cannabis possession and home cultivation will be decriminalized in the country beginning at the start of April. Stocks like Canopy Growth, Aurora Cannabis and Tilray have surged in the past month.
Investorplace · 1d ago
Canopy Growth Corp. Stock Rises Tuesday, Outperforms Market
Shares of Canopy Growth Corp. WEED jumped 15.90% to C$9.77 on Tuesday. The company's stock closed below its 52-week high. The S&P/TSX Composite Index fell 0.14% to 21,912.52.
MarketWatch · 1d ago
Canopy Growth CEO Says German Cannabis Market Has 'Ability To Grow 10x' Following Legalization
Canopy Growth CEO David Klein sees Germany's cannabis market growing from $500 million to over $2.5 billion in the next two years. The German government partially legalized cannabis last week. Canopy Growth expects to be a top-three cannabis brand in the country.
Benzinga · 1d ago
Why Westport Fuel Systems Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Westport Fuel Systems Inc. (NASDAQ:WPRT) posts wider-than-expected fourth-quarter loss. Krispy Kreme, Inc. And McDonald's expanded their partnership. Stoke Therapeutics, Inc., shares gained 72.6% to $11.24. C3is Inc. Reported a year-over-year increase in financial results.
Benzinga · 1d ago
Canopy Growth Stock Is Ripping Higher: What's Going On?
Canopy Growth Corp shares are up more than 100% over the last week following the legalization of adult-use cannabis in Germany. Germany passed a law on Friday that will allow individuals to possess up to 25 grams of cannabis for personal consumption. Canopy Growth is expected to expand its presence in the country.
Benzinga · 1d ago
Why Marijuana Stocks Are Hopping Again on Tuesday
Germany will decriminalize marijuana possession and home cultivation of cannabis effective April 1. Marijuana stocks are up on Tuesday. Support is building in Congress for legislation to legalize marijuana in the U.S. The move would make sales of the drug more profitable for the companies that grow and sell it.
The Motley Fool · 1d ago
GOP committee opposes cannabis banking bill; calls marijuana 'gateway drug'
House GOP committee opposes cannabis banking bill; calls marijuana 'gateway drug' The committee's policy guide says marijuana is a dangerous, addictive drug. The group says violent crime has increased in four states that have legalized marijuana for recreational purposes. Last week, cannabis stocks rallied on support for the SAFER Banking Act.
Seeking Alpha · 1d ago
Tesla, Krispy Kreme, McCormick And Other Big Stocks Moving Higher On Tuesday
U.S. Stocks were higher on Tuesday. Shares of Tesla Inc (TSLA) rose sharply amid reports suggest Italy has approached the company about electric truck production. The Dow Jones index gained around 50 points in Tuesday's session. Krispy Kreme, Inc. Shares rose 21.3% to $15.10. Praxis Precision Medicines Inc (PRAX) shares jumped 31.9%.
Benzinga · 1d ago
Cannabis Stock Gainers And Losers From March 25, 2024
Green Growth Brands and Beleave shares closed up. Global Hemp Group shares closed down 30.23% at $0.22. Aurora Cannabis shares closeddown 13.58% in the last day of trading. The company's shares closed at $4.20. Green Growth Brands shares were the biggest gainers.
Benzinga · 2d ago
Canopy Growth Corp. Stock Falls Monday, Underperforms Market
Shares of Canopy Growth Corp. WEED plunged 19.56% to C$8.43 on Monday. The company's shares closed 19.6% below its 52-week high. The S&P/TSX Composite Index fell 0.19% to 21,942.28.
MarketWatch · 2d ago
Americans overwhelmingly support cannabis banking reform - poll
Americans overwhelmingly support cannabis banking reform. A recent poll from the American Bankers Association found 63% of Americans favor allowing cannabis businesses access to the U.S. Financial system. 36% of respondents strongly support Congress passing cannabis banking legislation in states where marijuana has been legalized.
Seeking Alpha · 2d ago
More
Webull provides a variety of real-time CGC stock news. You can receive the latest news about Canopy Growth Corp through multiple platforms. This information may help you make smarter investment decisions.
About CGC
Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.