The Largest Pot Stock in the World Is Cutting Production Big Time [The Motley Fool]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: The Motley Fool
Roughly a year and a half ago, Canadian marijuana stocks were expected to take the global lead in making cannabis a mainstream product. But despite having this pole position among developed countries, regulatory and operational issues have caused the Canadian pot industry to face-plant More specifically, Canadian cannabis growers have been stymied by Health Canada and provincial-level regulatory agencies. Health Canada has been slow to approve cultivation and sales licenses, thereby leaving some major growers waiting in the wings to bring product to market. Health Canada also pushed back the launch of high-margin derivatives by two months. Derivatives are alternative consumption cannabis products, such as edibles, vapes, and infused beverages. Meanwhile, provincial regulators in Ontario ran with a lottery system to award retail licenses Image source: Getty Images. Combined, these issues have caused most marijuana stocks to rethink their game plans. And that includes the largest cannab
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News
- Canopy Growth Corporation (CGC) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Weekly Roundup on the Cannabis Sector & Psychedelic Sector 11-11-2024 [Yahoo! Finance]Yahoo! Finance
- Canopy Growth (CGC) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial ResultsPR Newswire
CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website