Canadian pot shares fall after efforts to legalize recreational cannabis in U.S. fall short [Globe and Mail, The (Toronto, Canada)]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Globe and Mail, The
Shares in Canada's major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational cannabis in several states fail. Shares of Canopy Growth Corp. were down $1.61 or about 21 per cent at $6.16 in early trading on the Toronto Stock Exchange, while shares of Organigram Holdings Inc. fell 28 cents or about 11 per cent to $2.28. Aurora Cannabis Inc. shares were down $1.52 or about 18 per cent at $6.94. A Florida amendment fell short of the 60 per cent supermajority needed to approve constitutional amendments. It would have allowed recreational sales of marijuana to people over 21 from existing medical marijuana dispensaries, with the potential for the legislature to license additional retailers. Measures to legalize recreational marijuana were also trailing in North Dakota and South Dakota. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor news
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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