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

Canopy Growth Corp is a cannabis company that produces, distributes, and sells a diverse range of cannabis and cannabis-related products for adult-use and medical purposes under a portfolio of distinct brands in Canada. The Company supplies cannabis products in Canada, Europe, and Australia. It is focused on the medical and adult-use cannabis markets in Canada, offering a broad portfolio of brands and formats for medical cannabis patients and adult-use consumers. The Company operates through two reportable segments: Cannabis, which generates maximum revenue and includes the production, distribution, and sale of cannabis and cannabis-related products, and Storz & Bickel, which includes the production, distribution, and sale of vaporizers and accessories.

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

As of June 23, 2026, CGC stock price declined to $0.95 with 2,569,493 million shares trading.

CGC has a beta of 1.55, meaning it tends to be more sensitive to market movements. CGC has a correlation of 0.06 to the broad based SPY ETF.

CGC has a market cap of $399.44 million. This is considered a Small Cap stock.

Last quarter Canopy Growth - Common Shares reported $52 million in Revenue and -$.29 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.23.

In the last 3 years, CGC traded as high as $19.20 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 -20.5% while the SPY ETF gained +23.5%. CGC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.1% and -7.2%, respectively, while the SPY returned +12.2% and -0.2%, respectively.

CGC support price is $.92 and resistance is $.99 (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.