Canopy Growth Corporation (CGC)Healthcare | Drug Manufacturers - Specialty & Generic | Smiths Falls, Canada | NasdaqGS
0.76 USD
+0.01
(0.660%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 0.76 +0.00 (0.013%) ⇧ (Oct. 13, 2026, 7:26 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 7:36 a.m. EDT
The investment case for Canopy Growth is currently broken by a severe structural decline. The company has endured seven consecutive years of negative annual returns, with the stock trading at less than 5% of its value just nine years ago. Despite reporting a top-line beat in the latest quarter, the bottom line remains deeply compromised with negative operating margins and a forward P/E that indicates no earnings power. The balance sheet, while showing a positive current ratio, is propped up by cash that barely covers debt, and there is no dividend to provide income. Fundamentally, this is a distressed asset where the market has already priced in a lack of sustainable growth. On the short end, the heavy put open interest suggests traders are bracing for further weakness, making any bounce a risky contrarian play rather than a high-conviction entry. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.057490 |
| AutoETS | 0.061728 |
| AutoTheta | 0.144339 |
| AutoARIMA | 0.156702 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 0.10 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.403 |
| Excess Kurtosis | -0.75 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 40.272 |
| Revenue per Share | 0.824 |
| Market Cap | 342,590,592 |
| Forward P/E | -6.40 |
| Beta | 2.37 |
| Profit Margins | -79.22% |
| Website | https://www.canopygrowth.com |
As of Oct. 10, 2026, 7:36 a.m. EDT: Options activity reveals a distinct asymmetry favoring downside protection. While call volume is heavily skewed toward out-of-the-money strikes (1.5 and 2.0), indicating speculative hopes for a rebound, put volume and open interest are significantly more concentrated in the money (strikes at 1.0 and below). Notably, November 13 saw massive put volume (600 contracts) against minimal open interest, suggesting active buying of insurance rather than passive hedging. This structure implies speculators are positioning for continued volatility and potential further declines, viewing the current price as fragile despite the recent earnings miss.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.4808219 |
| Address1 | 1 Hershey Drive |
| All Time High | 592.5 |
| All Time Low | 0.743 |
| Ask | 0.8586 |
| Ask Size | 1 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 2,667,870 |
| Average Daily Volume3 Month | 2,873,636 |
| Average Volume | 2,873,636 |
| Average Volume10Days | 2,667,870 |
| Beta | 2.369 |
| Bid | 0.6547 |
| Bid Size | 1 |
| Board Risk | 1 |
| Book Value | 1.1410944 |
| City | Smiths Falls |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 7 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.7625 |
| Current Ratio | 3.037 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 0.78 |
| Day Low | 0.741 |
| Debt To Equity | 40.272 |
| Display Name | Canopy Growth |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,111,200 |
| Earnings Call Timestamp Start | 1,786,111,200 |
| Earnings Timestamp | 1,786,105,800 |
| Earnings Timestamp End | 1,793,968,200 |
| Earnings Timestamp Start | 1,793,968,200 |
| Ebitda | -26,107,000 |
| Ebitda Margins | -0.08891 |
| Enterprise To Ebitda | -10.039 |
| Enterprise To Revenue | 0.893 |
| Enterprise Value | 262,090,224 |
| Eps Current Year | -0.07 |
| Eps Forward | -0.11915606 |
| Eps Trailing Twelve Months | -0.45 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.95248 |
| Fifty Day Average Change | -0.18998003 |
| Fifty Day Average Change Percent | -0.19945829 |
| Fifty Two Week Change Percent | -48.08219 |
| Fifty Two Week High | 2.38 |
| Fifty Two Week High Change | -1.6175001 |
| Fifty Two Week High Change Percent | -0.6796218 |
| Fifty Two Week Low | 0.741 |
| Fifty Two Week Low Change | 0.021499991 |
| Fifty Two Week Low Change Percent | 0.029014833 |
| Fifty Two Week Range | 0.741 - 2.38 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,396,877,400,000 |
| Float Shares | 422,098,531 |
| Forward Eps | -0.11915606 |
| Forward P E | -6.399171 |
| Free Cashflow | 7,187,750 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,128 |
| Fullday Change | 0.005100012 |
| Fullday Change Percent | 0.6732689 |
| Fullday Price | 0.7625 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.28521 |
| Gross Profits | 83,748,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00179 |
| Held Percent Institutions | 0.07995 |
| Implied Shares Outstanding | 449,299,149 |
| Industry | Drug Manufacturers - Specialty & Generic |
| Industry Disp | Drug Manufacturers - Specialty & Generic |
| Industry Key | drug-manufacturers-specialty-generic |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,774,915,200 |
| Last Split Date | 1,703,030,400 |
| Last Split Factor | 1:10 |
| Long Business Summary | Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-related products for medical and adult use in Canada, Germany, the United States, and internationally. The company operates through two segments, Cannabis and Storz & Bickel. It also provides vaporizers and accessories; dried flower and pre-rolled joints, oil, and vapes and beverages; extracts and concentrates, such as softgel capsules; and cannabis edibles, including gummies. In addition, the company operates e-commerce shop; medical cannabis online distribution platform; and an online medical cannabis clinic. It sells its products under the Tweed, 7ACRES, Deep Space, HiWay, Maitri, Twd., Spectrum Therapeutics, Canopy Medical, Abba Medix, Storz & Bickel, Wana, and Claybourne, Apollo, Canada House, R'belle, LowKey, MTL Cannabis, DeeLish, DOJA brands. 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. |
| Long Name | Canopy Growth Corporation |
| Market | us_market |
| Market Cap | 342,590,592 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_253665025 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -232,626,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 405,984,231 |
| Number Of Analyst Opinions | 1 |
| Open | 0.762 |
| Operating Cashflow | -78,480,000 |
| Operating Margins | -0.21656 |
| Overall Risk | 6 |
| Phone | 855 558 9333 |
| Post Market Change | 0.000100016594 |
| Post Market Change Percent | 0.013116931 |
| Post Market Price | 0.7626 |
| Post Market Time | 1,791,934,006 |
| Previous Close | 0.7575 |
| Price Eps Current Year | -10.892857 |
| Price Hint | 4 |
| Price To Book | 0.66821814 |
| Price To Sales Trailing12 Months | 1.1667266 |
| Profit Margins | -0.79223 |
| Quick Ratio | 2.281 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.005 |
| Regular Market Change Percent | 0.660065 |
| Regular Market Day High | 0.78 |
| Regular Market Day Low | 0.741 |
| Regular Market Day Range | 0.741 - 0.78 |
| Regular Market Open | 0.762 |
| Regular Market Previous Close | 0.7575 |
| Regular Market Price | 0.7625 |
| Regular Market Time | 1,791,921,601 |
| Regular Market Volume | 3,649,259 |
| Return On Assets | -0.03917 |
| Return On Equity | -0.39508 |
| Revenue Growth | 0.125 |
| Revenue Per Share | 0.824 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 423,037,675 |
| Shares Percent Shares Out | 0.0644 |
| Shares Short | 27,244,377 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 26,039,109 |
| Short Name | Canopy Growth Corporation |
| Short Percent Of Float | 0.0644 |
| Short Ratio | 12.86 |
| Source Interval | 15 |
| State | ON |
| Symbol | CGC |
| Target High Price | 1.197453 |
| Target Low Price | 1.197453 |
| Target Mean Price | 1.197453 |
| Target Median Price | 1.197453 |
| Total Cash | 337,804,992 |
| Total Cash Per Share | 0.799 |
| Total Debt | 277,328,992 |
| Total Revenue | 293,633,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.45 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.03627 |
| Two Hundred Day Average Change | -0.27377003 |
| Two Hundred Day Average Change Percent | -0.26418793 |
| Type Disp | Equity |
| Volume | 3,649,259 |
| Website | https://www.canopygrowth.com |
| Zip | K7A 0A8 |