Cannabis stocks surged Friday following reports President Donald Trump could soon reclassify marijuana as a less dangerous substance.
The reclassification of the drug would alleviate tax burdens on cannabis companies.
Recently, Zacks.com users have been paying close attention to Canopy Growth (CGC). This makes it worthwhile to examine what the stock has in store.
Canopy Growth (CGC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Canopy Growth's narrower loss, rising Canadian sales and improving margins signal progress in its turnaround, even as competition and global headwinds persist.
Canopy Growth (CGC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to a loss of $0.95 per share a year ago.
In the most recent trading session, Canopy Growth Corporation (CGC) closed at $1.22, indicating a -2.4% shift from the previous trading day.
Canopy Growth (CGC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Canopy Growth Corporation (CGC) closed at $1.31, marking a -2.96% move from the previous day.
Canopy Growth Corporation (CGC) closed the most recent trading day at $1.35, moving 7.53% from the previous trading session.
The latest trading day saw Canopy Growth Corporation (CGC) settling at $1.37, representing a -16.97% change from its previous close.