Canopy Growth Corporation (CGC) closed the most recent trading day at $1.36, moving 1.45% from the previous trading session.
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.
Investors are closely watching Canadian cannabis stocks this week amid rising U.S. industry momentum. The U.S. cannabis market hit an estimated $38.5 billion in 2024 and may grow at a compound annual growth rate (CAGR) of about 11–12 percent through the late 2020s. Meanwhile, several states are advancing reform. Notably, Delaware began adult-use cannabis sales on August 1, 2025. Moreover, at the federal level, the Trump administration signaled plans to reschedule marijuana from Schedule I to Schedule III, possibly within weeks. This could ease restrictions and boost stock sentiment. Altogether, these developments underline strong thematic tailwinds. Thus, Canadian cannabis stocks with U.S. exposure stand to benefit from both legislative momentum and expanding consumer demand.
Zacks.com users have recently been watching Canopy Growth (CGC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
President Trump announced Monday that his administration will consider cannabis rescheduling over the next few weeks. Canopy Growth rallied 24% on the news; Canadian LPs were up across the board. Canopy Growth reported improved Q1-2026 earnings last Friday with revenue growth and improved net loss.
Canopy Growth Corporation (NASDAQ:CGC ) Q1 2026 Earnings Conference Call August 8, 2025 10:00 AM ET Company Participants Luc Mongeau - CEO & Director Thomas Carlton Stewart - Interim Chief Financial Officer Tyler Burns - Director of Investor Relations Conference Call Participants Aaron Thomas Grey - Alliance Global Partners, Research Division Frederico Yokota Choucair Gomes - ATB Capital Markets Inc., Research Division Pablo Ernesto Zuanic - Zuanic & Associates William Joseph Kirk - ROTH Capital Partners, LLC, Research Division Operator Good morning. My name is Joanna, and I will be your conference operator today.
Canopy Growth Corporation (TSX:WEED, NYSE:CGC) reported better-than-expected financial results for the fiscal first quarter of 2026, which saw its shares jump in early trade on Friday. For the period ending June 30, revenue was up about 9% year-over-year at C$72.1 million from C$66.2 million, ahead of analyst estimates of a decline to C$64.5 million.
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.37 per share a year ago.
Canopy Growth (CGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Canopy Growth Corporation (CGC) closed the most recent trading day at $1.03, moving 1.9% from the previous trading session.
Zacks.com users have recently been watching Canopy Growth (CGC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, Canopy Growth Corporation (CGC) closed at $1.14, marking a +2.7% move from the previous day.