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CGC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
1.055
Open
1.020
VWAP
1.03
Vol
1.98M
Mkt Cap
457.25M
Low
1.020
Amount
2.05M
EV/EBITDA(TTM)
213.84
Total Shares
448.28M
EV
552.78M
EV/OCF(TTM)
--
P/S(TTM)
1.25
Canopy Growth Corporation is a cannabis company, which produces, distributes, and sells a diverse range of cannabis and cannabis-related products for both adult-use and medical purposes. The Company brands include tweed, DOJA, LivRelief Infused, Deep Space, Ace Valley, 7ACRES, Vert, Twd, Wana, Hiway and Canopy Medical. The LivRelief Infused is transdermal creams contain a delivery system designed to penetrate a range of cannabidiol (CBD) and tetrahydrocannabinol (THC). The Deep Space offers beverages and gummies, containing the THC potency available in the Canadian market. The Ace Valley is a cannabis brand focused on ready-to-enjoy beverages. The 7ACRES offers products that are crafted by cannabis enthusiasts. The Wana gummies are created with a handcrafted recipe made with pectin, not gelatin, creating a gluten-free shelf-stable recipe that doesn’t melt. Its Canopy Medical is a pharmaceutical manufacturer for the production, import and release of medical cannabis products in Germany.
Show More

Events Timeline

(ET)
2026-05-29
07:20:00
Canopy Growth Relaunches Tweed Brand in Germany
select
2026-05-07 (ET)
2026-05-07
08:00:00
Canopy Growth Expands Minor Cannabinoid Softgel Lineup
select
2026-04-23 (ET)
2026-04-23
13:10:00
Roth Capital: Cannabis Products Rescheduled to Schedule 3
select
2026-04-23
10:30:00
Trump Orders Medical Marijuana Products to Schedule III
select
2026-04-23
10:00:00
Trump Signs Order to Reschedule Medical Marijuana to Schedule III
select
link
2026-04-22 (ET)
2026-04-22
12:00:00
Trump Administration Expected to Reclassify Cannabis on Wednesday
select
link
2026-04-10 (ET)
2026-04-10
08:50:00
Significant Increases in Borrow Rates Among Liquid Option Names
select
2026-04-08 (ET)
2026-04-08
08:50:00
Significant Increases in Indicative Borrow Rates for Liquid Options
select
2026-03-31 (ET)
2026-03-31
07:40:00
Canopy Growth Launches New Cannabis Brand Deelish
select

News

Newsfilter
8.5
06-08Newsfilter
PinnedClaybourne Expands Frosted Flyers Product Lineup
  • Market Share Growth: Claybourne's Frosted Flyers Variety Pack won Best Infused Pre-Roll at the 2026 Grow Up Awards, indicating strong consumer and industry response, which solidifies its position in the Canadian market.
  • Product Line Expansion: The company announced the addition of three new 8-pack variety formats and its first bundle pack, addressing consumer demand for variety and convenience, particularly during the summer pre-roll season, driving sales growth.
  • Consumer Demand Response: Co-founder Jonathan Griffith stated that the new 8x0.35g Podium, Fast, and Drag packs are designed to offer quicker consumption experiences and more flavor options, reflecting the brand's keen insight into consumer preferences.
  • Retail Launch: The new Frosted Flyers variety packs are rolling out at select retail stores across Canada, with full availability expected this summer, further enhancing brand visibility and consumer engagement.
stocktwits
5.0
06-05stocktwits
DEA Hearing on Marijuana Rescheduling Sparks Market Optimism
  • Hearing Date Set: The DEA is scheduled to hold a hearing on June 29 to discuss reclassifying marijuana from Schedule I to Schedule III, which could significantly impact commercial and medical uses across the country.
  • Trump Administration Pushes Legislation: The Trump administration is urging Congress to amend the broad ban on hemp-derived products to ensure the legality of CBD products, which is expected to benefit farmers and further fuel market optimism for cannabis stocks.
  • Positive Market Reaction: Following this news, shares of Tilray Brands (TLRY) rose nearly 4% in premarket trading, making it the top-trending ticker on Stocktwits, while peers like Canopy Growth (CGC), Aurora Cannabis (ACB), and Cronos (CRON) also saw their stock prices increase.
  • Investor Sentiment Shift: On Stocktwits, retail sentiment regarding TLRY shifted from 'bullish' to 'extremely bullish', indicating high expectations for the upcoming DEA hearing, which could potentially alter the sentiment curve in the market.
Fool
8.5
06-03Fool
Canopy Growth Acquires MTL Cannabis Amidst Ongoing Struggles
  • Market Expansion: On March 16, Canopy Growth completed its acquisition of MTL Cannabis for approximately $125 million, positioning itself as the leading medical cannabis company in Canada by revenue, despite facing intense competition and regulatory challenges.
  • Poor Financial Performance: While the acquisition may provide a temporary boost in revenue, Canopy Growth has struggled with slow sales growth and consistent losses over the past few years, leading to a significant decline in market value.
  • Shareholder Dilution Risk: To finance the acquisition, Canopy Growth opted to issue new shares, which will further dilute existing shareholders' stakes, raising concerns about the company's future profitability among investors.
  • Accounting Issues Affect Trust: The company recently disclosed accounting errors in its past financial statements, and although management claims these will not impact key metrics, this revelation undoubtedly harms its credibility with investors.
NASDAQ.COM
8.5
06-03NASDAQ.COM
Canopy Growth Acquires MTL Cannabis, Becomes Top Medical Cannabis Company in Canada
  • Acquisition Overview: On March 16, Canopy Growth completed the acquisition of MTL Cannabis for approximately $125 million, financed through a mix of cash and new share issuance, which dilutes existing shareholders but aims to enhance market positioning.
  • Market Position Enhancement: This acquisition positions Canopy Growth as the leading medical cannabis company by revenue in Canada, with MTL's product portfolio including pre-rolls, vape cartridges, and dried flower, strengthening its presence in Quebec, although competition remains fierce.
  • Poor Financial Performance: Despite the potential for short-term revenue growth from the acquisition, Canopy Growth has struggled financially over the past few years, facing regulatory pressures and oversupply issues that have resulted in slow sales growth and consistent losses.
  • Accounting Issues Impact Confidence: Canopy Growth recently disclosed accounting errors in its past financial statements, and while management claims key metrics will remain unaffected, this revelation undoubtedly undermines investor confidence and exacerbates the multiple challenges the company faces.
Fool
9.5
06-02Fool
Canopy Growth Shows Signs of Financial Stabilization
  • Adjusted EBITDA Loss Reduction: Canopy Growth reported an adjusted EBITDA loss of approximately $2.17 million in its latest quarter, which, while still negative, marks a significant improvement from losses exceeding tens of millions just a few years ago, indicating that management's restructuring efforts may finally be paying off.
  • Medical Cannabis Revenue Growth: The company's medical cannabis revenue in Canada increased by 15% year-over-year, driven by a rise in insured patients and larger order sizes, which helps maintain customer loyalty and better pricing dynamics in a competitive market.
  • Improved Cash Position: As of the latest quarter, Canopy reported approximately $230 million in cash and cash equivalents and completed a $50 million debt prepayment, reducing future interest expenses and enhancing financial flexibility, thus providing management with more time to execute its strategy without the pressure of urgent financing.
  • Intense Market Competition: Despite improvements in financial metrics, Canopy still faces challenges such as quarterly net losses and oversupply in the Canadian market, with regulatory uncertainties and fierce competition continuing to exert pressure on its future growth prospects.
Fool
7.0
06-02Fool
Limited Impact of U.S. Marijuana Law Change on Canopy Growth
  • Legal Change Impact: The DEA's rescheduling of marijuana from high-risk Schedule I to Schedule III is seen as a historic change for the industry; however, it applies only to medical use, limiting its impact on Canopy Growth.
  • Tax Deduction Benefits: The reclassification allows Canopy Growth to deduct standard business expenses instead of being restricted by IRS Section 280E, providing some relief for its medical segment, although it won't lead to significant financial gains.
  • Market Access Challenges: While Canopy Growth has a presence in the U.S. market, strict export permit limitations from Health Canada prevent the consolidation of its U.S. medical sales, resulting in a lack of transparency regarding its performance.
  • Profitability Struggles: Canopy Growth continues to experience negative free cash flow and frequent dilution of shares, and despite the potential growth opportunities from U.S. legalization, the competitive landscape makes it unlikely for the company to achieve profitability in the near future.
Wall Street analysts forecast CGC stock price to rise
4 Analyst Rating
Wall Street analysts forecast CGC stock price to rise
1 Buy
2 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
1.03
Averages
2.52
High
5.90
Current: 0.000
sliders
Low
1.03
Averages
2.52
High
5.90
Canaccord
Buy
initiated
$2
AI Analysis
2026-03-27
Reason
Canaccord
Price Target
$2
AI Analysis
2026-03-27
initiated
Buy
Reason
Canaccord initiated coverage of Canopy Growth with a Buy rating and C$2 price target. Canopy is a leading cannabis company producing, distributing, and selling a "diverse range" of cannabis and cannabis-related products in key, global adult-use and medical cannabis markets, the analyst tells investors in a research note. The firm says the company's pivot from an asset-light, third-party supply model to an asset-right, in-house supply model will improve its global competitive positioning.
Alliance Global
Aaron Grey
Neutral
downgrade
2026-02-06
Reason
Alliance Global
Aaron Grey
Price Target
2026-02-06
downgrade
Neutral
Reason
Alliance Global analyst Aaron Grey lowered the firm's price target on Canopy Growth to C$1.80 from C$2.50 and keeps a Neutral rating on the shares following the fiscal Q3 report. The firm reduced the stock's multiple to reflect the potential impact from changes to veteran reimbursement and uncertainty around its gross margins.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CGC
Unlock Now

Valuation Metrics

The current forward P/E ratio for Canopy Growth Corp (CGC.O) is 20.37, compared to its 5-year average forward P/E of -4.07. For a more detailed relative valuation and DCF analysis to assess Canopy Growth Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.07
Current PE
20.37
Overvalued PE
8.80
Undervalued PE
-16.94

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-279.52
Current EV/EBITDA
-13.74
Overvalued EV/EBITDA
444.55
Undervalued EV/EBITDA
-1003.60

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.83
Current PS
1.26
Overvalued PS
7.50
Undervalued PS
0.16

Financials

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Frequently Asked Questions

What is Canopy Growth Corp (CGC) stock price today?

The current price of CGC is 1.025 USD — it has increased 0.49

What is Canopy Growth Corp (CGC)'s business?

Canopy Growth Corporation is a cannabis company, which produces, distributes, and sells a diverse range of cannabis and cannabis-related products for both adult-use and medical purposes. The Company brands include tweed, DOJA, LivRelief Infused, Deep Space, Ace Valley, 7ACRES, Vert, Twd, Wana, Hiway and Canopy Medical. The LivRelief Infused is transdermal creams contain a delivery system designed to penetrate a range of cannabidiol (CBD) and tetrahydrocannabinol (THC). The Deep Space offers beverages and gummies, containing the THC potency available in the Canadian market. The Ace Valley is a cannabis brand focused on ready-to-enjoy beverages. The 7ACRES offers products that are crafted by cannabis enthusiasts. The Wana gummies are created with a handcrafted recipe made with pectin, not gelatin, creating a gluten-free shelf-stable recipe that doesn’t melt. Its Canopy Medical is a pharmaceutical manufacturer for the production, import and release of medical cannabis products in Germany.

What is the price predicton of CGC Stock?

Wall Street analysts forecast CGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGC is2.52 USD with a low forecast of 1.03 USD and a high forecast of 5.90 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Canopy Growth Corp (CGC)'s revenue for the last quarter?

Canopy Growth Corp revenue for the last quarter amounts to 74.54M USD, decreased -0.29

What is Canopy Growth Corp (CGC)'s earnings per share (EPS) for the last quarter?

Canopy Growth Corp. EPS for the last quarter amounts to -0.18 USD, decreased -83.78

How many employees does Canopy Growth Corp (CGC). have?

Canopy Growth Corp (CGC) has 960 emplpoyees as of June 10 2026.

What is Canopy Growth Corp (CGC) market cap?

Today CGC has the market capitalization of 457.25M USD.