The stock of Canopy Growth Corp (TSE:CGC) is a huge mover today! About 947,018 shares traded hands. Canopy Growth Corp (TSE:CGC) has risen 294.05% since April 22, 2016 and is uptrending. It has outperformed by 288.04% the S&P500.
The move comes after 8 months positive chart setup for the $1.25B company. It was reported on Nov, 28 by Barchart.com. We have $11.38 PT which if reached, will make TSE:CGC worth $50.00 million more.
More notable recent Canopy Growth Corp (TSE:CGC) news were published by: Profitconfidential.com which released: “Canopy Growth Corp: Marijuana Stock Goes Wild…Again” on November 23, 2016, also Profitconfidential.com with their article: “Canopy Growth Corp: The Wild Ride in CGC Stock Continues” published on November 25, 2016, Bloomberg.com published: “Snoop Dogg Partnership Sends Canadian Weed Stock to Epic High” on October 06, 2016. More interesting news about Canopy Growth Corp (TSE:CGC) were released by: Seekingalpha.com and their article: “Canopy Growth Corporation: A Crazy Valuation” published on November 22, 2016 as well as Profitconfidential.com‘s news article titled: “Canopy Growth CEO: Why Volatile Stocks Don’t Worry Him” with publication date: November 24, 2016.
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a diversified cannabis company. The company has a market cap of $1.25 billion. The Company, through its subsidiaries Tweed Inc. , Bedrocan Canada Inc. (Bedrocan) and Tweed Farms Inc. (Tweed Farms), is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It currently has negative earnings. It is also focusing on producing and selling marijuana in the recreational market in Canada.
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