Canopy Growth Corp.

WEED-T

TSE:WEED

18.73
0.87 (4.44%)
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a medical marijuana company based in Smiths Falls, Ontario.
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Analysis and Opinions about WEED-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 28, 2020
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)
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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
BUY
February 13, 2020

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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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.

DON'T BUY
DON'T BUY
December 30, 2019
After all the hopes and dreams it turned out to be a 'sell on news' type of thing. The space has been a bit of a disaster. He does not think he is short this one but it is not a space he is keep on.
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After all the hopes and dreams it turned out to be a 'sell on news' type of thing. The space has been a bit of a disaster. He does not think he is short this one but it is not a space he is keep on.
PAST TOP PICK
PAST TOP PICK
December 27, 2019
(A Top Pick Dec 17/18, Up 30%) The covered call expired in July, which is why his returns were high. The stock has since plummeted with lots of challenges and changes in administration. If you did the option, then you did get the maximum amount and he got lucky.
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(A Top Pick Dec 17/18, Up 30%) The covered call expired in July, which is why his returns were high. The stock has since plummeted with lots of challenges and changes in administration. If you did the option, then you did get the maximum amount and he got lucky.
DON'T BUY
DON'T BUY
December 18, 2019
He would not touch any of the cannabis stocks. They simply do not trade on any meaningful valuation metric. Even the big players do not know when they are going to become profitable. There are too many participants and there is no brand recognition yet.
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He would not touch any of the cannabis stocks. They simply do not trade on any meaningful valuation metric. Even the big players do not know when they are going to become profitable. There are too many participants and there is no brand recognition yet.
DON'T BUY
DON'T BUY
December 13, 2019
She does not own stocks in the cannabis space. It is still too early to know how rules will unfold. Legalizing has not eliminated the black market, due to the price differential. She would consider this more a short term trade rather than a long term hold.
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She does not own stocks in the cannabis space. It is still too early to know how rules will unfold. Legalizing has not eliminated the black market, due to the price differential. She would consider this more a short term trade rather than a long term hold.
TOP PICK
TOP PICK
December 9, 2019
He thinks the cannabis business is going to be one of the fastest growing over the next decade. WEED-T is leading the way. This year the market was challenging. The sell off will be done with tax loss selling as people focus on some of the new products. (Analysts’ price target is $28.23)
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He thinks the cannabis business is going to be one of the fastest growing over the next decade. WEED-T is leading the way. This year the market was challenging. The sell off will be done with tax loss selling as people focus on some of the new products. (Analysts’ price target is $28.23)
DON'T BUY
DON'T BUY
November 28, 2019
The whole sector was the go to sector, and now it's going in the other direction. Has lots of cash on the balance sheet, but losing money hand over fist. Whole sector has more downside, so avoid it, at least until the end of the year. Little fundamental support. Be very careful in this space.
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The whole sector was the go to sector, and now it's going in the other direction. Has lots of cash on the balance sheet, but losing money hand over fist. Whole sector has more downside, so avoid it, at least until the end of the year. Little fundamental support. Be very careful in this space.
Alex Ruus

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Price
$25.000
Owned
Unknown
SELL
SELL
November 26, 2019
If you're only down 10-15%, that's not so egregious, but there will be some tax loss selling into the end of the year. They'll have difficulty for the next 2 months. He'd probably step aside now, and look again in January.
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If you're only down 10-15%, that's not so egregious, but there will be some tax loss selling into the end of the year. They'll have difficulty for the next 2 months. He'd probably step aside now, and look again in January.
DON'T BUY
DON'T BUY
November 13, 2019
This and three other cannabis stocks report tomorrow. He doesn't touch this sector--too uncertain. Regulation is still in flux. Edibles are legal, but not on the shelves. Governance has been terrible with Canopy with the CEO fired. Maybe under $15 you can defend this stock. Maybe there'll be fireworks with tomorrow's report. Avoid this sector.
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This and three other cannabis stocks report tomorrow. He doesn't touch this sector--too uncertain. Regulation is still in flux. Edibles are legal, but not on the shelves. Governance has been terrible with Canopy with the CEO fired. Maybe under $15 you can defend this stock. Maybe there'll be fireworks with tomorrow's report. Avoid this sector.
DON'T BUY
DON'T BUY
November 8, 2019
He has been negative about cannabis stocks from day one. Yes, he missed the speculative run up, but he has avoided the down run as well. The sector is still in the first inning -- it is too early to know who will be the dominant players. Other sin stock sectors, like tobacco and alcohol, there are only a few large key players. When he can predict sales, earnings, cash flows then he will be willing to invest. The short term outlook looks scary as locked-in stock will be flooding the market soon. The hype is just too much. Stay away.
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He has been negative about cannabis stocks from day one. Yes, he missed the speculative run up, but he has avoided the down run as well. The sector is still in the first inning -- it is too early to know who will be the dominant players. Other sin stock sectors, like tobacco and alcohol, there are only a few large key players. When he can predict sales, earnings, cash flows then he will be willing to invest. The short term outlook looks scary as locked-in stock will be flooding the market soon. The hype is just too much. Stay away.
DON'T BUY
DON'T BUY
November 6, 2019
He is not in the cannabis space. There are too many players. It is like the auto market back in the early 1990s, when everyone was making cars. There will be a huge consolidation ahead. Maybe WEED-T is one that will survive. This is just not an investing environment.
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He is not in the cannabis space. There are too many players. It is like the auto market back in the early 1990s, when everyone was making cars. There will be a huge consolidation ahead. Maybe WEED-T is one that will survive. This is just not an investing environment.
BUY
BUY
September 25, 2019
The last 8 times it sold off and recovered. Its average decline was 42% and now around 47%. It's attractive now and the sector should show positive performance soon. Canopy remains the leader and should lead in derivative products starting in January 2020. If you want to enter cannabis with one stock, this is it.
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Canopy Growth Corp. (WEED-T)
September 25, 2019
The last 8 times it sold off and recovered. Its average decline was 42% and now around 47%. It's attractive now and the sector should show positive performance soon. Canopy remains the leader and should lead in derivative products starting in January 2020. If you want to enter cannabis with one stock, this is it.
DON'T BUY
DON'T BUY
July 25, 2019

Avoid. Tough sector, as it's unproven. Economics haven't been figured out. Revenues good, profits weak. Still tough to tell who the winners will be. A commodity has global competition. Too speculative. Unlikely that Constellation Brands will put more money in right now, but they will try to exert more influence.

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Avoid. Tough sector, as it's unproven. Economics haven't been figured out. Revenues good, profits weak. Still tough to tell who the winners will be. A commodity has global competition. Too speculative. Unlikely that Constellation Brands will put more money in right now, but they will try to exert more influence.

COMMENT
COMMENT
July 24, 2019
It's one of the best weed stocks. He's invest a bit in this. They're large enough to endure problems that smaller ones have. But he needs to understand who the manager are--that determines their long-term prospects.
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It's one of the best weed stocks. He's invest a bit in this. They're large enough to endure problems that smaller ones have. But he needs to understand who the manager are--that determines their long-term prospects.
Showing 1 to 15 of 112 entries

Canopy Growth Corp.(WEED-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 9

Total Signals / Votes : 14

Stockchase rating for Canopy Growth Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canopy Growth Corp.(WEED-T) Frequently Asked Questions

What is Canopy Growth Corp. stock symbol?

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

Is Canopy Growth Corp. a buy or a sell?

In the last year, 14 stock analysts published opinions about WEED-T. 5 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Keith Richards on 2020-02-28. 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?

14 stock analysts 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 2020-04-03, Canopy Growth Corp. (WEED-T) stock closed at a price of $18.73.