CGC Stock Summary and Trading Ideas (Canopy Growth - Common Shares | NASDAQ:CGC)

Canopy Growth Corp, cultivates and sells medicinal and recreational cannabis and hemp through a portfolio of brands that include Doja, LivRelief, Ace Valley, Deep Space, and others. The Company is engaged in reportable segments namely: Canada cannabis, International markets cannabis, Storz & Bickel, and This Works. The company generates maximum revenue from Canadian cannabis.

Canopy Growth - Common Shares trades on the NASDAQ stock market under the symbol CGC.

As of March 20, 2026, CGC stock price declined to $0.94 with 13,952,261 million shares trading.

CGC has a beta of 1.04, meaning it tends to be more sensitive to market movements. CGC has a correlation of 0.03 to the broad based SPY ETF.

CGC has a market cap of $399.48 million. This is considered a Small Cap stock.

Last quarter Canopy Growth - Common Shares reported $65 million in Revenue and -$.13 earnings per share. This beat revenue expectation by $14 million and missed earnings estimates by -$.10.

In the last 3 years, CGC traded as high as $20.20 and as low as $.77.

The top ETF exchange traded funds that CGC belongs to (by Net Assets): MJ, YOLO.

CGC has underperformed the market in the last year with a price return of -16.4% while the SPY ETF gained +16.6%. CGC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -36.2% and -11.7%, respectively, while the SPY returned -4.4% and -3.3%, respectively.

CGC support price is $.98 and resistance is $1.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CGC shares will trade within this expected range on the day.