3 Top Marijuana Stocks Poised to Take Off in 2024
The demand for cannabis is growing on a global scale. With legalization and decriminalization happening all around the world, many analysts and investors believe that marijuana will be a growing industry in the next decade. Get the latest report on 3 pot stocks set to take off in 2024!
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Shares Stats
| Shares Outstanding | 380,488,000 |
| Shares Float | 232,657,400 |
| Shares Short | 11,066,630 |
| Insider Holdings | 3905% |
| Institution Holdings | 12.51% |
About Canopy Growth Corporation
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis for recreational and medical purposes primarily in Canada, the United States, Germany, and the United Kingdom. It operates through two segments, Cannabis, Hemp and Other Consumer Products; and Canopy Rivers. The company's products include dried cannabis flowers, oils and concentrates, and softgel capsules. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, DNA Genetics CraftGrow, Tokyo Smoke, DOJA, Van der Pop, and Bean & Bud brands. The company also provides growth capital and a strategic support platform that pursues investment opportunities in the global cannabis sector. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada and NHL Alumni Association to examine the efficacy of CBD-based therapies as part of the mitigation of persistent post-concussion symptoms. As of February 14, 2020, it operated 28 cannabis retail stores under the Tweed or Tokyo Smoke name. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.
General
| Name | Canopy Growth Corporation |
| Ticker | CGC |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Industry | Drug Manufacturers-Specialty & Generic |
| Currency | USD |
| Country | USA |
| Fiscal Year End | March |
| Full Time Employees | 4,434 |
Highlights
| Market Cap | 13,306,188,800 |
| PE Ratio | -1.15 |
Financials
| Return on Assets | -0.06 |
| Return on Equity | -0.48 |
| Earnings Per Share | -1.79 |
| Gross Profit | 105,092,000 |
| Quarterly Revenue Growth | 0.23 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 31.26 |
| Price/Book (Most Recent Quarter) | 4.17 |
Earnings
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