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WEED

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.6841$
  • Previous Close
    1.7272$
  • 52 Week Change
    7.42$
  • Day Range
    -0.04$
  • 52 Week High/Low
    1.09$ - 8.51$
  • Dividend Per Share
    --
  • Market cap
    447 M$
  • EPS
    -0.19
  • Beta
    2.083
  • Volume
    --

About

WEED.TO is the stock ticker symbol for Canopy Growth Corporation, a Canadian cannabis company listed on the Toronto Stock Exchange (TSX). Canopy Growth is involved in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes. They operate in various international markets and have a range of brands within their portfolio. The company's performance, like that of any publicly traded entity, is subject to market fluctuations and influenced by factors such as regulatory changes, consumer demand, competition, and overall economic conditions in the cannabis industry.
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Factors

Market Sentiment: Overall investor confidence and attitudes towards cannabis stocks, influenced by news, analyst ratings, and broader market trends, drive demand and price.

Regulatory Changes: Government policies regarding cannabis legalization, taxation, and distribution significantly impact growth prospects and investor perception.

Financial Performance: Canopy Growth's revenue, profitability, and market share directly influence investor confidence and stock valuation.

Competition: The intensity of competition within the cannabis industry, including pricing pressures and market share battles, affects profitability and investor sentiment.

Global Expansion: Canopy Growth's success in expanding into international markets and establishing a global presence impacts future growth potential.

Production Capacity: The company's ability to efficiently produce and distribute cannabis products affects supply, profitability, and market share.

Consumer Demand: Shifting consumer preferences, including demand for specific cannabis products and consumption methods, influences revenue and market position.

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