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Buy, Hold or Sell in July: Canopy Growth (CGC) and SNDL Inc. (SNDL)

Although the cannabis industry shows long-term growth potential, its near-term performance is hampered by intense regulations and limited financing. So, let's analyze whether you should Buy, Hold or Sell cannabis stocks SNDL (SNDL) and Canopy Growth (CGC).

StockNews.com · Jul 4, 2023

Is Canopy Growth (CGC) a Buy Under $2?

Canadian cannabis producer Canopy Growth (CGC) is making significant changes to its business model in an effort to turn profitable. However, given the regulatory challenges, will the company get success anytime soon? Let’s look at some of CGC’s metrics to understand if this penny stock is worth buying now.

StockNews.com · May 25, 2023

3 Cannabis Stocks to Avoid Like the Plague in March 2023

The cannabis industry faced several challenges last year, including overproduction amid high inflation weighing on overall demand. With growing concerns over rising inflation and a looming recession, the industry is expected to remain under immense pressure this year. So, it could be wise to avoid fundamentally weak cannabis stocks Tilray…

StockNews.com · Mar 6, 2023

Canopy Growth Transfers Its TerrAscend Assets To Canopy USA Company

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) and Canopy USA, LLC announced that each of the company and Canopy USA has filed an early warning report under National Instrument 62-103 - The early warning system and related take-over bid

Benzinga · Oct 26, 2022

Is Canopy Growth Speeding Up Entry Into U.S. Cannabis Market With New Holding Company? It Looks That Way

Canopy Growth (NASDAQ: CGC) announced Tuesday that it is consolidating its U.S.

Benzinga · Oct 25, 2022

Canopy's Shares Slightly Up On Plans To Conquer US Cannabis Market

Canopy Growth Corporation (NASDAQ: CGC) (TSX: WEED) is creating a new U.S.-domiciled holding company, Canopy USA, LLC. Canopy USA will hold the company's U.S.

Benzinga · Oct 25, 2022

Canopy Growth, Tilray Pull Back After Enjoying Surge Following Biden's Pardon: What's Up With These Cannabis Stocks?

Canopy Growth Corp. (NASDAQ: CGC) and Tilray Brands Inc. (NASDAQ: TLRY) were plunging over 13% and 11%, respectively, at one point Friday after skyrocketing on Thursday.

Benzinga · Oct 7, 2022

Who Are The Most Impactful Cannabis Executives Of 2022? Top Award Show Will Determine Who's #1

After the awesome Cannabis Capital Conference in Miami during 4/20 week, Benzinga is ready to go again in Chicago on September 13-14. 

Benzinga · Aug 16, 2022

Canopy Growth & Other Cannabis Operators Just Made Some Key Executive Changes You Should Know About

As Benzinga Cannabis Capital Conference returns on September 13-14  to Chicago, gathering top CEOs, investors and leaders in the industry, let's scroll through the latest leadership changes within the space.

Benzinga · Aug 5, 2022

Canopy Growth International Medical Cannabis Revenue Doubles In Q1, But What About Net Sales?

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) released its financial results for the first quarter ended June 30, 2022, revealing net revenue of CA$110 million ($85.36 million) in Q1 FY2023 declined 19% versus Q1 FY2022.

Benzinga · Aug 5, 2022