The Mysterious Tale of "America's No. 1 Retirement Stock"
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
| Open | 6.32 | Prev Close | 6.49 |
| High | 6.85 | Low | 6.30 |
| Volume | 0 | Volume (Avg) | 12,230,714 |
| 52 Week High | 50.92 | 52 Week Low | 11.45 |
| Market Cap | 13.3B | PE Ratio | -1.02 |
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 |
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.
Highlights
| Market Cap | 13,306,188,800 |
| PE Ratio | -1.02 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 31.26 |
| Price/Book (Most Recent Quarter) | 4.17 |
Technicals
| Beta | 2.10 |
| 52 Week High | 50.92 |
| 52 Week Low | 11.45 |
| 50 Day Average | 37.91 |
| 200 Day Average | 26.50 |
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