The Constellation Investment Is Proving to Be Canopy’s (TSX:WEED) Most Significant Competitive Advantage

You may have seen the recent news about Constellation (NYSE:STZ) exercising warrants to acquire additional shares in Canopy (TSX:WEED)(NYSE:CGC). This announcement was easy to overlook, partly because of its timing (the announcement came out after markets closed on a Friday), partly because Constellation is already Canopy’s largest shareholder, and mostly because of everything else happening in the world right now.…

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Why Canopy Growth Is Still the Best Pot Stock

Many times, one might later realize, size really does matter. In the case of Canada’s cannabis sector, Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) is the 800-pound gorilla in the room, which has helped stabilize the company’s valuation relative to its peers recently. Shares of Canopy are down significantly from their peak. However, Canopy shares haven’t decreased in the 80%-90% range like many…

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Here’s Why Now Is a Good Time to Get Greedy With Canopy Growth (TSX:WEED) Stock!

The cannabis trade dried up a long time ago. But that’s exactly why I think Canopy Growth (TSX:WEED)(NYSE:CGC), Canada’s top cannabis kingpin and the “safest” way to play the stomach-churning industry, is now worthy of your investment dollars. To make big money as an investor, you’ve got to be like Warren Buffett and be greedy while others are fearful (and…

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Like Canopy Growth (TSX:WEED)? This Pot Stock Is Even Better

Canopy Growth (TSX:WEED)(NYSE:CGC) is a favourite among cannabis investors. With a $10.3 billion market cap, the stock is priced above nearly every competitor. One of the biggest reasons for this valuation is Canopy’s partnership with Constellation Brands. With a $40 billion valuation, Constellation is an industry heavyweight, too. But instead of pot, Constellation is focused on alcohol. Last year, it…

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Have $5K? This Is Where I’d Invest

Did you know that $5,000 is plenty of money to make a killing in the stock market? Just take a look at iconic Canadian stocks like Constellation Software. If you had invested $5,000 in this stock back in 2006, you’d have more than $300,000 today. Cashing out big requires extra risk, but the payoff can be worth it. If you…

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Will Aphria’s (TSX:APHA) Stock Tank if Q2 Earnings Miss?

Aphria (TSX:APHA)(NYSE:APHA) was one of the better-performing cannabis stocks of 2019. Although its stock declined in value for the year, it fell less than most of its peers thanks to two consecutive quarters of positive net income. Aphria’s positive earnings results in 2019 were a surprise to most investors. Cannabis stocks had broadly been expected to lose money, and few expected…

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Don’t Buy Canopy Growth (TSX:WEED) Stock: These Pot Stocks Take the Cake

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is one of the most loved cannabis stocks on the market. With a valuation of $8.6 billion, it’s also one of the largest. One of the biggest reasons for Canopy’s vaunted position is Constellation Brands, Inc. (NYSE:STZ). Constellation is a highly successful consumer brand company. With the rights to globally recognized brands like Modelo and Corona,…

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Is Canopy Growth (TSX:WEED) Stock a Buy After New CEO Appointment?

Marijuana leader Canopy Growth (TSX:WEED)(NYSE:CGC) stock rallied over 11% on Monday after the company finally announced new CEO David Klein as the preferred replacement for ousted co-founder Bruce Linton and the stepping down of interim leader and co-founder Mark Zekulin later this month. The new CEO will assume the reins on January 14 of 2020. Canopy has clearly decided to…

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Bank of America (NYSE:BAC) Says This Cannabis Stock Is Now a Buy

Bank of America analysts haven’t always been bullish on cannabis stocks, but due to the recent industry-wide decline, they’re jumping in. On November 20, the firm upgraded shares of Canopy Growth (TSX:WEED)(NYSE:CGC) to “buy,” noting that consensus estimates are finally “achievable (even beatable).” A big part of the upgrade was valuation. Since April, Canopy shares have lost two-thirds of their…

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Is Canopy Growth Stock (TSX:WEED) Now a Buy?

The pullback in the share prices of cannabis stocks has investors who missed the big rallies in the past year wondering if this is finally the right moment to start buying small positions in some of the top pot stocks in the sector. Let’s take a look at Canopy Growth (TSX:WEED)(NYSE:CGC) to see if it deserves to be on your…

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