Canopy Growth Price Target Slashed at 11 Financial Institutions

Over the last 12 months, Canopy Growth Corp (NYSE: CGC) (TSE: WEED) shares have fallen nearly 55%. The cannabis company reported second quarter results Thursday, posting net revenue of CA$76.6 million and a net loss of CA$374.6 million. Canaccord Genuity Downgrades Canopy Growth to Hold from Speculative Buy, Cuts PT […]

Earnings Briefing: Cannabis Licensed Producers Miss Estimates (CGC, ACB, TGOD, VFF)

CANOPY GROWTH REPORTS SECOND QUARTER FISCAL 2020 FINANCIAL RESULTS The company has established leading market share across the country including a noteworthy share of over 35% in Alberta, Canada’s most developed provincial recreational market. Consumer demand for cannabis continues to increase versus Q1 2020 with Company-owned recreational same-store sales growth […]

Celebrities Continue to Cash in on the Blossoming Cannabis Industry as Drake Joins

There has been no shortage of famous names looking to cash in on the blossoming legal marijuana market through branding deals. The latest deal involving Canadian superstar Drake, whose net worth Forbes estimated to be $150 million in 2019, teamed up with Canopy Growth, the world’s biggest cannabis company by market value. (Forbes) […]

Red Means Go! Buy the Lows for Long Term Gains!

Byron Csizmadia

Why the Cannabis sector in Canada will Recover and Flourish. Introduction It seems everywhere you look another analyst is pumping out an article predicting doom and gloom for the cannabis sector in Canada. Discussion groups are filled with the angry comments of shareholders who feel they’ve been “had” as they […]

Balance Sheet + Income Statement (Canada)

A balance sheet is a statement of the financial position of a business that lists the assets, liabilities and owner’s equity at a particular point in time. In other words, the balance sheet illustrates your business’s net worth. Source: Investing.com Disclaimer: All posts made on this website are provided for information purposes only. […]

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