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 in Canada | $18.72

How to buy Canopy Growth Corporation stock in Canada | $18.72

Canopy Growth Corporation
- C$0.09 ( - 0.48%)

Canopy Growth Corporation is a drug manufacturers-specialty & generic business based in Canada. Canopy Growth Corporation stocks (WEED.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$27.37 – a decrease of 2.09% over the previous week. Canopy Growth Corporation employs 3,259 staff and has a trailing 12-month revenue of around C$572.4 million.

How to buy Canopy Growth Corporation stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: WEED in this case.
  5. Research Canopy Growth Corporation stocks. The platform should provide the latest information available.
  6. Buy your Canopy Growth Corporation stocks. It's that simple.

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.

How has Coronavirus impacted Canopy Growth Corporation's stock price?

Since the stock market crash in March caused by coronavirus, Canopy Growth Corporation's stock price has had significant negative movement.

Its last market close was C$18.72, which is 35.25% down on its pre-crash value of C$28.91 and 44.44% up on the lowest point reached during the March crash when the stocks fell as low as C$12.96.

If you had bought C$1,000 worth of Canopy Growth Corporation stocks at the start of February 2020, those stocks would have been worth C$617.33 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$637.42.

Canopy Growth Corporation stock price

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

Canopy Growth Corporation stocks at a glance

Information last updated 2021-09-17.
Latest market closeC$18.72
52-week rangeC$18.4 - C$64.71
50-day moving average C$21.7333
200-day moving average C$29.9613
Wall St. target priceC$28.52
Dividend yield N/A (0%)
Earnings per share (TTM) C$-3.442

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available Asset Types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
Wealthsimple Trade
Stocks, ETFs
Get a $50 bonus when you open a Wealthsimple Trade account and deposit and trade at least $150.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
BMO InvestorLine
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$9.95 + $1.25 per options contract
$0 if conditions met, otherwise $25/quarter
$0 - $9.95
Buy and sell a select group of Canada’s most popular ETFs without paying commissions.

An easy-to-use online trading platform with access to research, tools, and the option to access InvestorLine adviceDirect for additional professional support.
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
$9.99 ($4.99 if completed 150 trades or more a quarter)
Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$9.95 + $1 per contract
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$6.95 - $8.75 + $1.25 per contract
$0 if conditions met, otherwise $25/quarter
$0 - $8.75
Get up to 50 free trades. Be one of the first 100 new Qtrade clients to use the promo code 50FREETRADES and deposit a minimum of $10,000 (or top up to $15,000 to get $150 transfer fees waived). Valid until September 30, 2021.
Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.

Compare up to 4 providers

Online stock trading

Canopy Growth Corporation price performance over time

Historical closes compared with the last close of C$18.72

1 week (2021-09-09) -5.93%
1 month (2021-08-19) -11.53%
3 months (2021-06-18) -34.73%
6 months (2021-03-19) -56.47%
1 year (2020-09-18) -13.21%
2 years (2019-09-19) -46.39%
3 years (2018-09-19) -70.50%
5 years (2016-09-19) 364.52%

Canopy Growth Corporation financials

Revenue TTM CADC$572.4 million
Gross profit TTM CADC$92.9 million
Return on assets TTM -4.58%
Return on equity TTM -24.16%
Profit margin -217.32%
Book value C$10.531
Market capitalisation CADC$7.4 billion

TTM: trailing 12 months

How to short and sell Canopy Growth Corporation stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "WEED.TO"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 11.8 million Canopy Growth Corporation stocks held short by investors – that's known as Canopy Growth Corporation's "short interest". This figure is 4.7% up from 11.3 million last month.

There are a few different ways that this level of interest in shorting Canopy Growth Corporation stocks 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 stocks currently shorted divided by the average quantity of Canopy Growth Corporation stocks traded daily (recently around 908591.60246533). Canopy Growth Corporation's SIR currently stands at 12.98. In other words for every 100,000 Canopy Growth Corporation stocks traded daily on the market, roughly 12980 stocks are currently held short.

However Canopy Growth Corporation's short interest can also be evaluated against the total number of Canopy Growth Corporation stocks, or, against the total number of tradable Canopy Growth Corporation stocks (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 stocks (for every 100,000 Canopy Growth Corporation stocks in existence, roughly 30 stocks are currently held short) or 0.0471% of the tradable stocks (for every 100,000 tradable Canopy Growth Corporation stocks, roughly 47 stocks are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the stock price and a discouraging interest in betting against Canopy Growth Corporation.

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

Canopy Growth Corporation stock dividends

We're not expecting Canopy Growth Corporation to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.

Have Canopy Growth Corporation stocks ever split?

Canopy Growth Corporation stocks were split on a 1:5 basis on 4 April 2014. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Canopy Growth Corporation stocks – just the quantity. However, indirectly, the new 400% higher stock price could have impacted the market appetite for Canopy Growth Corporation stocks which in turn could have impacted Canopy Growth Corporation's stock price.

Canopy Growth Corporation stock price volatility

Over the last 12 months, Canopy Growth Corporation's stocks have ranged in value from as little as C$18.4 up to C$64.71. A popular way to gauge a stock's volatility is its "beta".

WEED.TO volatility(beta: 2.08)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Canopy Growth Corporation's is 2.077. This would suggest that Canopy Growth Corporation's stocks 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 and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. 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. 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.

Stocks similar to Canopy Growth Corporation

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site