Crypto Stocks Surge Amid Market Boom
Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.
Open | 3.68 | Prev Close | 3.48 |
High | 3.68 | Low | 3.47 |
Volume | 6,008,283 | Volume (Avg) | 5,265,456 |
52 Week High | 50.92 | 52 Week Low | 11.45 |
Market Cap | 13.3B | PE Ratio | -0.81 |
General
Name | Canopy Growth Corporation |
Ticker | CGC |
Exchange | NASDAQ |
Sector | Healthcare |
Industry | Drug Manufacturers-Specialty & Generic |
Currency | USD |
Country | USA |
Fiscal Year End | March |
Full Time Employees | 4,434 |
About Canopy Growth Corporation
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis for recreational and medical purposes primarily in Canada, the United States, Germany, and the United Kingdom. It operates through two segments, Cannabis, Hemp and Other Consumer Products; and Canopy Rivers. The company's products include dried cannabis flowers, oils and concentrates, and softgel capsules. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, DNA Genetics CraftGrow, Tokyo Smoke, DOJA, Van der Pop, and Bean & Bud brands. The company also provides growth capital and a strategic support platform that pursues investment opportunities in the global cannabis sector. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada and NHL Alumni Association to examine the efficacy of CBD-based therapies as part of the mitigation of persistent post-concussion symptoms. As of February 14, 2020, it operated 28 cannabis retail stores under the Tweed or Tokyo Smoke name. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.
Highlights
Market Cap | 13,306,188,800 |
PE Ratio | -0.81 |
Valuation
Price/Sales (Trailing 12 Mt.) | 31.26 |
Price/Book (Most Recent Quarter) | 4.17 |
Technicals
Beta | 2.10 |
52 Week High | 50.92 |
52 Week Low | 11.45 |
50 Day Average | 37.91 |
200 Day Average | 26.50 |
Earnings
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