Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Canopy Growth Corporation stock

Own Canopy Growth Corporation stock in just a few minutes.

Canopy Growth Corporation is a drug manufacturers-specialty & generic business based in the US. Canopy Growth Corporation shares (CGC) are listed on the NASDAQ and all prices are listed in US Dollars. Canopy Growth Corporation employs 4,434 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Canopy Growth Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CGC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Canopy Growth Corporation share price

Use our graph to track the performance of CGC stocks over time.

Canopy Growth Corporation shares at a glance

Information last updated 2021-04-23.
52-week range$12.95 - $50.92
50-day moving average $30.94
200-day moving average $29.11
Wall St. target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-1.79

Buy Canopy Growth Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Currencies
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Canopy Growth Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Canopy Growth Corporation financials

Revenue TTM $506.1 million
Gross profit TTM $105.1 million
Return on assets TTM -6.49%
Return on equity TTM -48.46%
Profit margin 0%
Book value $10.59
Market capitalisation $10.5 billion

TTM: trailing 12 months

Shorting Canopy Growth Corporation shares

There are currently 12.2 million Canopy Growth Corporation shares held short by investors – that's known as Canopy Growth Corporation's "short interest". This figure is 4.2% down from 12.7 million last month.

There are a few different ways that this level of interest in shorting Canopy Growth Corporation shares can be evaluated.

Canopy Growth Corporation's "short interest ratio" (SIR)

Canopy Growth Corporation's "short interest ratio" (SIR) is the quantity of Canopy Growth Corporation shares currently shorted divided by the average quantity of Canopy Growth Corporation shares traded daily (recently around 3.8 million). Canopy Growth Corporation's SIR currently stands at 3.19. In other words for every 100,000 Canopy Growth Corporation shares traded daily on the market, roughly 3190 shares are currently held short.

However Canopy Growth Corporation's short interest can also be evaluated against the total number of Canopy Growth Corporation shares, or, against the total number of tradable Canopy Growth Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canopy Growth Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Canopy Growth Corporation shares in existence, roughly 30 shares are currently held short) or 0.1225% of the tradable shares (for every 100,000 tradable Canopy Growth Corporation shares, roughly 123 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Canopy Growth Corporation.

Find out more about how you can short Canopy Growth Corporation stock.

Canopy Growth Corporation share dividends

We're not expecting Canopy Growth Corporation to pay a dividend over the next 12 months.

Canopy Growth Corporation share price volatility

Over the last 12 months, Canopy Growth Corporation's shares have ranged in value from as little as $12.95 up to $50.92. A popular way to gauge a stock's volatility is its "beta".

CGC.US volatility(beta: 2.17)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Canopy Growth Corporation's is 2.1729. This would suggest that Canopy Growth Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Canopy Growth Corporation overview

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.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site