Canopy Growth Corp. (WEED.TO) Buy, Sell or Hold

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Canopy Growth Corp. (WEED.TO)

1.43

-0.02 (1.38%)

as of Jun 10, 2026, 6:42:38 pm Market Open.

252 watching

Investor Insights

Jun 10, 2026, 12:00 am

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

Canopy Growth Corp. has received significant criticism from industry experts, primarily due to its historical performance and management of capital. Experts have noted that the company has suffered from weak returns on capital, leading to concerns about the sustainability of its business model. Furthermore, there is a sentiment among analysts that too much capital has been invested in the cannabis sector without sufficient returns, which raises red flags for potential investors. Experts call for notable consolidation within the industry and improvements in regulatory frameworks before considering investments in cannabis firms like Canopy Growth. Overall, the sentiment points to a cautious approach in assessing the company's future prospects.

Consensus

Negative

Valuation

Overvalued

Similar

Aurora,AAC

DON'T BUY

Cannabis has had weak returns on capital and he has seen too much capital invested and destroyed. He doesn't see it as a space to invest in. Wants to see major consolidation and improvement in regulation.

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BUY

Good for marijuana exposure. Speculative, but quality.

DON'T BUY

Avoid the sector. High risk, speculative. Doesn't see catalysts to drive the sector higher, especially if Republicans succeed in the US election.

SELL

Canadian cannabis sector was one of complete hype and hysteria. If the US de-criminalizes marijuana, companies will be able to use bank accounts and tax deductions. There will be a complete transformation of financial prospects. Look at the US, the Canadian story is done.

DON'T BUY

It is in a big downtrend and he doesn't see a base. It needs to consolidate.

DON'T BUY

The industry has never really made sense to him and is still a mess. The business is commoditized. Every state and province has a different regulation. Nothing but speculation.

WATCH

It is the biggest in the Canadian market and is moving into the U.S. market as well. He focuses on the U.S. market. An inventory of cannabis products is building in New York with some of it being the illegal variety.

DON'T BUY

Allan Tong’s Discover Picks Where does this leave the granddaddy of them all? Unlike the other two operators, Canopy has a huge presence in Canada which makes up roughly 60% of sales. A major drag here is cheap black-market weed, which keeps the price of ganja way below $10 a gram. (Cannabis is the only thing that’s gone down in price in 2022.) Still, if projections are correct, if the number of retailers plummets in coming months, and if supply shrinks and prices climb, then there is hope for revenue increases for Canopy. Read 3 Cannabis Stocks to go Higher for our full analysis.

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DON'T BUY

A millionaire stock? Vivid imagination. Hasn't made a penny to date. Balance sheet is sloping down, as it's consuming equity. Every time it takes a run, many people run for the exits. Pure speculation, a gamble, fluctuates wildly. Doesn't see the earnings or explosive growth in the Canadian market.

HOLD

They continue to be challenged in Canada. They overbuilt growth facilities. What is more important is what they are doing with their US strategy. They have an option to own assets in the US if it becomes legal in the US. They also have a partnership for gummies. Starting to look at cannabis market has a global opportunity. They will have an immediate and dominant position if the US legalizes cannabis.

DON'T BUY

He was critical of the first-generation weed companies, then finally bought Curaleaf, because it operates in the U.S. WEED is backed by a big beverage company, so governance is fine. WEED operates in the much-smaller Canadian market, whereas the real money is and will be in America which he expects to legalize weed eventually.

PAST TOP PICK

(A Top Pick Dec 09/19, Up 30%) Still likes this long-term, but he's now focused on U.S. weed names. He prefers other names.

BUY

He has looked at the US or niche producers in Canada. This would be the best of the Canadian producers, though. He feels they will be the dominant leader without question.

TOP PICK

He ended up buying this recently. It was an over bought sector and stock. It has based since then and it is still in that base. Compared to everything else, it hasn't fallen greatly. (Analysts’ price target is $32.27)

BUY

They each have their own strengths. He would pick Canopy (WEED-T) because they are the 800 lb gorilla. Aurora has lots of news about balance sheet challenges but they have low costs that he thinks will still come down further.

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Canopy Growth Corp. (WEED.TO) Frequently Asked Questions

What is Canopy Growth Corp. stock symbol?

Canopy Growth Corp. is a Canadian stock, trading under the symbol WEED.TO (previously WEED-T on Stockchase) on the Toronto Stock Exchange (WEED-CT). It is usually referred to as TSX:WEED or WEED.TO

Is Canopy Growth Corp. a buy or a sell?

In the last year, 1 stock analyst published opinions about WEED.TO (previously WEED-T on Stockchase). 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Canopy Growth Corp..

Is Canopy Growth Corp. a good investment or a top pick?

Canopy Growth Corp. was recommended as a Top Pick by Bruce Campbell (2) on 2020-02-13. Read the latest stock experts ratings for Canopy Growth Corp..

Why is Canopy Growth Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canopy Growth Corp. worth watching?

1 stock analyst on Stockchase covered Canopy Growth Corp. in the last year. It is a trending stock that is worth watching.

What is Canopy Growth Corp. stock price?

On 2026-06-10, Canopy Growth Corp. (WEED.TO) stock closed at a price of $1.43.

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Canopy Growth Corp. (WEED.TO)