What are marijuana stock investors searching for this holiday season? For starters, some companies have recently reported strong quarterly earnings. The better a company performs, the more intriguing it looks to people to invest in it. Right now, many cannabis companies are making headway outside of the public sector. For instance, there has been a rapid expansion of dispensaries opening across the United States.
With its stock price down about 19% so far this year and a string of money-losing quarters, Canopy Growth tapped Luc Mongeau as chief executive, taking over from David Klein on Jan. 6.
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.
Canopy Growth Corporation (CGC) Q2 2025 Earnings Call Transcript
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $1.80 per share a year ago.
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.
Marijuana stock investors are keeping a close eye on the sector. The reason for this is all that is occurring in the sector at this time. We have companies preparing to report earnings on top of the politics surrounding the promises of the presidential election. Politics can greatly impact trading depending on the circumstances. For instance, when a politician speaks in favor of legal cannabis, it has the potential to create a rise in trading.
Canopy Growth Corporation (CGC) closed the most recent trading day at $5.04, moving +1.2% 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.
When looking for top marijuana stocks what would a person look for or do? Like all things, you need to do your homework. Some various sectors and companies make up the cannabis industry. Progress and success can mean better gains in the market. The cannabis industry as a whole has come a long way since it first began. Now with almost every state in the US having legal cannabis operations are growing for most companies. Also, places like Canada and certain parts of Europe have a legal cannabis industry as well.
The latest trading day saw Canopy Growth Corporation (CGC) settling at $4.14, representing a -1.19% change from its previous close.
In the closing of the recent trading day, Canopy Growth Corporation (CGC) stood at $4.03, denoting a -1.47% change from the preceding trading day.