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Canopy Growth Corporation (WEED.TO)
| Previous close | 11.36 |
| Open | 11.25 |
| Bid | 20.46 x 0 |
| Ask | 20.44 x 0 |
| Day's range | 11.19 - 20.50 |
| 52-week range | 3.74 - 26.00 |
| Volume | |
| Avg. volume | 3,154,256 |
| Market cap | 1.863B |
| Beta (5Y monthly) | 2.03 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Cannabis industry: DEA reclassification is a 'critical first step'
Cannabis stocks are experiencing a surge in Tuesday's afternoon trading session, fueled by an Associated Press report indicating that the US Drug Enforcement Administration is gearing up to reclassify marijuana as a less dangerous drug. Trulieve (TCNNF) CEO Kim Rivers joins Market Domination to provide insight into the potential implications of this news. Rivers acknowledges that the reclassification process has been "a long journey," explaining the various steps and approvals the drug has undergone before reaching this stage. However, she remains hopeful that there will be "an official announcement" from the DEA confirming its agreement with the recommendation to reschedule cannabis, placing it on the same level as Tylenol and codeine. She hails this potential move as "a critical first step for regulatory and policy changes." Rivers adds that the reclassification could facilitate safer banking operations within the cannabis industry, open new pathways for research, and lead to normalization in areas such as taxation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Market Exclusive
Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Key Takeaways; Cannabis Sector Canopy Growth received ISS recommendation for creation of exchangeable shares. Trulieve to hold first quarter 2024 results conference call at the beginning of May. Goodness Growth announced sale of Vireo Health of New York in effort to address financial constraints. Avant Brands entered German market through IM Cannabis deal. Key Takeaways; […]
- Yahoo Finance Video
Recreational marijuana use will be on Florida's ballot in 2024
Several cannabis stocks — Tilray (TLRY), Canopy Growth Corp. (CGC), Aurora (ACB) — are taking off after the Florida Supreme Court approves an amendment on recreational marijuana use to be on the ballot this November in the 2024 presidential election. Yahoo Finance Live reports on what legalization could mean for Florida's market, citing projections from Trulieve (TCNNF). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.
