Canopy Growth Corp traded at 1.00 this Friday October 16th, decreasing 0.04 or 3.85 percent since the previous trading session. Looking back, over the last four weeks, Canopy Growth lost 23.66 percent. Over the last 12 months, its price fell by 45.95 percent. Looking ahead, we forecast Canopy Growth Corp to be priced at 0.98 by the end of this quarter and at 0.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.