The Latest Breaking News from CGC

Tilray Brands Inc (NASDAQ: TLRY), Canopy Growth Corp (NASDAQ: CGC) and Aurora Cannabis Inc (NASDAQ: ACB) are trading lower

Someone with a lot of money to spend has taken a bearish stance on Canopy Growth (NASDAQ:CGC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Shares of smart cannabis company Canopy Growth (CGC) have retreated in price significantly over the past few months. However, given that the company recently launched new products across its brand portfolio, is it worth betting on the stock now? Read on, let's find out.

BioSteel Sports Nutrition Inc., which is part-owned by Canopy Growth Corporation (NASDAQ: CGC) announced a series of new deals with retailers that bring the brand’s lineup of Clean. Healthy. Hydration.

The cannabis industry witnessed solid growth last year on a legalization wave and increasing demand for innovative cannabis products. But while the industry is expected to maintain its momentum this year, some cannabis stocks are trading at lofty valuations despite their companies’ relatively weak growth prospects. So, we think overvalued…

Canadian cannabis producers such as Canopy Growth (CGC) and OrganiGram (OGI) have trailed the broader markets in the last three years. The two companies have been negatively impacted by a slew of macro-economic and industry-specific headwinds. But can they derive outsized gains to investors in 2022?.