TSE:WEED

Canopy Growth Corp. (WEED.TO)

1.44
-0.03 (2.04%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
252 watching
0
Investor Insights
star iconJun 8, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Canopy Growth Corp. (symbol: WEED-T) has faced significant scrutiny from industry experts regarding its investment viability. A prominent review indicates that the company has demonstrated weak returns on capital, suggesting systemic issues in its financial management and overall business strategy. The investor's sentiment reflects a belief that excessive capital has been invested without proportions of return, leading to a loss of value. There is a clear call for major consolidation within the cannabis sector and improvements in the regulatory landscape, which are seen as critical for restoring investor confidence. These expert opinions paint a cautious picture, where serious reevaluation and restructuring are considered necessary before it becomes a viable investment opportunity.

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Consensus
Negative
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Valuation
Overvalued
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Similar
Aurora,ACB
WEAK BUY
His position is that he does not own it and has a difficult time understanding how they develop a completive advantage in the space. There is clear demand for the product and at the end of the day two or three will emerge and this is probably going to be one of the ones who emerges from this. This would be the one he would own if he had to own one.
BUY ON WEAKNESS
CEO Linton has done a brilliant job to build this company. Now, what is Canopy really worth per share? Who knows? There aren't good metrics developed yet for this sector. Linton is the rock star in this space. Don't buy on new highs, but wait. He has owned this and done well. Expect volatility--it'll keep you up at wait. Don't invest more than 5% of your portfolio in this. You can trade the volatility in this stock.
DON'T BUY
He thinks this is a speculative space. It is way too soon to know who are the winners. There is not a real cash flow in the sector yet. He looks for sustainable total return with a minimum of risk. This is too soon to be investing here.
DON'T BUY
Likes the group. It was crazy expensive. They're like junior mines, they have a run up and then eventually it's messed up by reality. You need to justify the valuation, need about 30% earnings growth over the next 5 years. If you think they're going to be successful, then it's probably fine. So volatile, you need a cheap entry point. Too volatile and expensive for him.
COMMENT
He is not an expert in cannabis. There will be real industry going forward and some companies will prosper in the long term. The valuations still remain excessive. If he were to participate it would be with Canopy Growth as they have a connection with Constellation Brands in the US.
TOP PICK
It's a sector that's already corrected and has a lot of potential growth. But the option premiums here are rich. This is a covered call on weed and Canopy is the largest cannabis stock. Buy at $41.50 with a $9 call going out to July. If the stock doesn't move, there's over 30% out to July 2019. There's downside protection to $32.30. It's good risk-to-reward.
DON'T BUY
Pots stock are valueless. He believes in 2-5 years weed will be legal all across North America and will be mass-harvested, like oregano and thyme. It'll become an industrial commodity. Guys growing it in hazmat suits in greenhouses will look ridiculous soon. These companies don't produce, can't meet current demand. Run for the hills.
COMMENT
He has long expected a crash in this space. Eventually the market will figure out which ones will survive. He still expects further downside in the space and his model price is only $3 per share since it has no current earnings.
DON'T BUY

All the weed stocks are short for the next while. The sector is priced for perfection 10 years from now. There are really no earnings in the sector.

SELL

These stocks had run up a tremendous amount. The valuation is insane. A lot of speculation in this space. The corporate governance in this space is not strong. For any investors that have made money in this space, should be taking profits now. It’s likely natural that they will pull back now that is legalized. He does not own companies in this space.

COMMENT

Canopy Growth (WEED-T) vs Aurora Cannabis (ACB-T) The battle of the titans. Both companies do good things. He favors Canopy as it has a lower risk diversified growth strategy in 12 different facilities. He also likes the deal with Constellation for further diversification. Aurora is expected to grow with the expansion of the new facility near Edmonton, but he wonders if the growth will be staged and may be slower than people expect. Canopy also has an advantage given its size of existing product inventory.

PAST TOP PICK

(A Top Pick Oct 12/17, Up 386%) You have to have this if you are going to play the broad based industry.

DON'T BUY

He's avoided the weed space, because cannabis producers--being commodity producers--have very low profit margins. This is a gold rush now. Some companies will survive, but some won't. There are legalization challenges, especially about edibles. Canopy will survive, because Constellatioon Brands is its major backer, but doubts it can maintain its stock levels. Right now, cannabis is a total crap shoot, though Canopy is one of the strongest of the pack.

BUY

Trend of higher highs, higher lows. Trend is in your favour. Broader markets reaching all-time highs. Positive risk sentiment is touching all the riskier asset classes, and as long as it remains, it’s away to the races.

PARTIAL SELL

As a trader, he would have sold it already. For others, maybe sell half. There's been a lot ot hype as reflected in its sharp rise recently. Treat yourself and sell some of this now.

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