Canopy Growth (WEED) stock fell 72% in a year: Is it a cheap buy?

Highlights The Green Organic is a global cannabis company and is known for its dedication towards innovation and sustainability. In Canada, Green Organic caters to the needs of the recreational cannabis market. The cannabis producer's gross re...

Cannabis was legal in Canada since October 2018 and is a critical investment option for investors. On Tuesday, November 9, the S&P/TSX Cannabis Index plunged by 0.33 per cent. However, it has noted a month-to-date increase of 13.25 per cent. ...

In the month of August 2021, Canada saw cannabis sales record a new monthly high of C$ 356.9 million, marking a year-over-year (YoY) growth of 5.2 per cent, according to Statistics Canada. Also, notably, the S&P/TSX Cannabis Index noted a YoY ...

Highlights At market open, Canopy Growth's (TSX:WEED) shares jumped five per cent and traded at C$ 17.39 per share. Canopy Growth is looking to acquire Wana Brands, one of the leading producers of edible cannabis products.  Canopy Growth ...

Highlights The SNDL stock is soaring as the cannabis producer is set to acquire Alcanna. Sundial said that it will acquire all issued and outstanding Alcanna shares for C$ 9.12 per share. For Alcanna shareholders, they would own a 16 per cent ...

Highlights  One company mentioned here acquired two companies in its latest quarter. One of the cannabis companies below sold 11,346 kgs of cannabis in its latest quarter. One firm achieved carbon neutrality in September 2021 by offsettin...

Highlights Aurora Cannabis announced results for Q4 2021 in which it achieved total net revenue of C$ 54.8 million. The Aurora Cannabis stock could have surged due to its strong balance sheet. It had cash worth C$ 440.9 million as of June 30. ...

Stocks of Canopy Growth Corporation (TSX:WEED) surged by about two per cent at market open on Tuesday, September 7, despite the lack of any official announcement from the company. At the time of writing this, over 228,000 WEED shares had traded ha...

Highlights The S&P/TSX Cannabis Index grew close to 25 per cent in the past 12 months. The quest to innovate in the medicinal cannabis space is on a constant surge. One of these companies was chosen to deliver a consignment of dried cannab...

Highlights One of the companies discussed here is developing psychedelic pharmaceuticals to treat brain injury and stroke. One of these listed companies signed an agreement to conduct human trials of medicinal mushrooms and Ganoderma Lucidum fo...