Article printed from InvestorPlace Media, https://investorplace.com/2020/10/election-nearing-buy-cgc-stock/. Better Marijuana Stock to Buy: Cronos or Canopy Growth? They're having quite a week so far, but there are three more days to go on the stock market. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. It's nothing but the volatility that's typical for Canadian pot stocks. The Nov. 3 U.S. presidential election is the key near-term catalyst for Canopy Growth (NYSE:CGC) stock. Based on what he’s trading for in the prediction market, it’s safe to call Trump the underdog in this election.
20.28-0.02-0.08%.
CGC is not currently paying a regular dividend. * Average Estimates in Million (e.g. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Given it’s not just the White House, but the Senate as well, that could change hands, there’s another possible scenario.
Canopy Growth Corporation Common Stock (CGC) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. It would still be years until the Canadian pot names gain access to what would likely be the largest pot market. Exclusive Interview: The Motley Fool Sits Down With Bruce Linton, An Interview With Canopy Growth's CEO, Chairman, and Co-Founder, Why Aphria, Canopy Growth, and Cronos Group Stocks Jumped Today, Why Aurora Cannabis, Canopy Growth, and Other Marijuana Stocks Surged Today, Why Canopy Growth Stock Fell 13% in September, Why Canopy Growth Stock Fell 12.1% in August, Why Marijuana Stocks Continued to Get High on Tuesday, Why Canopy Growth Stock Is Crashing Today, Canopy Growth Corp. (CGC) Q1 2021 Earnings Call Transcript, Canopy Growth Corp. (CGC) Q4 2020 Earnings Call Transcript, Canopy Growth Corp. (CGC) Q3 2020 Earnings Call Transcript, Canopy Growth Corp. (CGC) Q2 2020 Earnings Call Transcript, Canopy Growth Corp. (CGC) Q1 2020 Earnings Call Transcript, Canopy Growth Corporation (CGC) Q2 2019 Earnings Conference Call Transcript, Canopy Growth Corporation (CGC) Q1 2019 Earnings Conference Call Transcript, Copyright, Trademark and Patent Information. That includes Canopy, which could see a massive sell-off, not only if Trump wins, but if the Republicans hold onto the Senate as well. Disclaimer | This pot company's Q1 results dragged down its stock, but there's still a glimmer of hope. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Find real-time CGC - Canopy Growth Corp stock quotes, company profile, news and forecasts from CNN Business. Canopy Growth Corp. engages in the production and sale of medical cannabis. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Investors were spooked by weak operating results from a rival. Decriminalization may be the first step toward reform. Find out more about how we use your information in our Privacy Policy and Cookie Policy.
Both have a global vision and big plans for building into a legalized market for cannabis -- whenever it may come. CGC earnings call for the period ending March 31, 2020. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Stock quotes by finanzen.net. Trump gets reelected, but the Democrats win back the Senate from the Republicans. You can change your choices at any time by visiting Your Privacy Controls. All rights reserved. Two major developments ignited a rally in the cannabis industry.
The most likely reason: poor financial results from a top rival. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. So far, a lack of federal legalization has kept Canopy out of the U.S. market. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Real time Canopy Growth Corp. (CGC) stock price quote, stock graph, news & analysis. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Many major states have legalized pot for recreational and/or medicinal use. With the Election Near, It’s Time to Buy Canopy, 7 Stocks to Buy to Finish 2020 With a Bang, 7 Unhealthy Biotech Stocks To Sell Before They Sicken Your Portfolio, Louis Navellier and the InvestorPlace Research Staff, 5 Value Stocks To Buy Now Beating The S&P 500 In 2020, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, 7 Monster Growth Stocks With Double-Digit Upside, 7 Dividend Stocks To Buy For Big Returns In Your Bank Account, The Top 10 Tech Stocks to Buy Before the 2020 Election, 4 Top Stock Trades for Monday: TWLO, SNAP, SPAQ, GILD.
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