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WEED logo

Canopy Growth TSX:WEED Stock Report

Last Price

CA$3.21

Market Cap

CA$386.8m

7D

-6.7%

1Y

-45.8%

Updated

20 Jan, 2025

Data

Company Financials +

Canopy Growth Corporation

TSX:WEED Stock Report

Market Cap: CA$386.8m

WEED Stock Overview

Engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. More details

WEED fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Canopy Growth Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canopy Growth
Historical stock prices
Current Share PriceCA$3.21
52 Week HighCA$20.50
52 Week LowCA$3.09
Beta1.77
1 Month Change-20.54%
3 Month Change-53.48%
1 Year Change-45.78%
3 Year Change-96.57%
5 Year Change-98.87%
Change since IPO-87.61%

Recent News & Updates

Canopy Growth Corporation's (TSE:WEED) Popularity With Investors Under Threat As Stock Sinks 26%

Dec 22
Canopy Growth Corporation's (TSE:WEED) Popularity With Investors Under Threat As Stock Sinks 26%

Recent updates

Canopy Growth Corporation's (TSE:WEED) Popularity With Investors Under Threat As Stock Sinks 26%

Dec 22
Canopy Growth Corporation's (TSE:WEED) Popularity With Investors Under Threat As Stock Sinks 26%

Canopy Growth Corporation (TSE:WEED) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Nov 05
Canopy Growth Corporation (TSE:WEED) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 26%

Aug 28
More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 26%

We Think Canopy Growth (TSE:WEED) Has A Fair Chunk Of Debt

Aug 17
We Think Canopy Growth (TSE:WEED) Has A Fair Chunk Of Debt

Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Jun 15
Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

Apr 20
Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Feb 23
More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Feb 13
Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Dec 22
Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Is Canopy Growth (TSE:WEED) A Risky Investment?

Sep 17
Is Canopy Growth (TSE:WEED) A Risky Investment?

With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Apr 17
With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Shareholder Returns

WEEDCA PharmaceuticalsCA Market
7D-6.7%0.9%2.6%
1Y-45.8%-42.8%17.7%

Return vs Industry: WEED underperformed the Canadian Pharmaceuticals industry which returned -42.8% over the past year.

Return vs Market: WEED underperformed the Canadian Market which returned 17.7% over the past year.

Price Volatility

Is WEED's price volatile compared to industry and market?
WEED volatility
WEED Average Weekly Movement11.6%
Pharmaceuticals Industry Average Movement12.9%
Market Average Movement8.3%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market2.9%

Stable Share Price: WEED has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WEED's weekly volatility has decreased from 21% to 12% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,029Luc Mongeauwww.canopygrowth.com

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 the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices.

Canopy Growth Corporation Fundamentals Summary

How do Canopy Growth's earnings and revenue compare to its market cap?
WEED fundamental statistics
Market capCA$386.77m
Earnings (TTM)-CA$585.69m
Revenue (TTM)CA$280.50m

1.4x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEED income statement (TTM)
RevenueCA$280.50m
Cost of RevenueCA$193.61m
Gross ProfitCA$86.89m
Other ExpensesCA$672.58m
Earnings-CA$585.69m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.79
Gross Margin30.98%
Net Profit Margin-208.81%
Debt/Equity Ratio108.7%

How did WEED perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 06:13
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canopy Growth Corporation is covered by 28 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron GreyAlliance Global Partners
Frederico Yokota Choucair GomesATB Capital Markets
Gaurav JainBarclays