what is canopy growth stock price
Canopy Growth stock price
what is canopy growth stock price — this article explains the market price of Canopy Growth Corporation shares, how prices are quoted (tickers and exchanges), where to find real‑time and historical data, which metrics to track, common price drivers, and practical steps to check live quotes. If you want to know what is canopy growth stock price now, how it differs across exchanges, or which sources to trust, this guide walks you through beginner‑friendly facts and reliable data sources.
Company and tickers
Canopy Growth Corporation is a major publicly traded cannabis company. The firm is dual‑listed with two primary tickers that investors and data providers commonly use:
- CGC — Nasdaq (quoted in USD).
- WEED — Toronto Stock Exchange (TSX, quoted in CAD).
Because Canopy Growth is cross‑listed, the stock price will appear in two currencies and on two exchanges. When asking "what is canopy growth stock price," it's important to specify whether you mean the CGC (USD) quote on Nasdaq or the WEED (CAD) quote on the TSX. Currency conversion, time‑of‑day differences and differences in liquidity can cause the two quotes to diverge slightly.
As of June 30, 2024, according to Yahoo Finance and CNBC, Canopy Growth was still listed under these tickers and commonly tracked under both symbols for cross‑border price comparisons.
How the stock price is quoted and updated
When people ask "what is canopy growth stock price," they usually want a current quote. Quotes come in several forms:
- Real‑time vs delayed: Some platforms provide real‑time exchange feeds; others show quotes delayed by 15–20 minutes. Common free sites show delayed data unless explicitly labeled "real‑time."
- Intraday last trade: The most common displayed figure — price of the most recent trade on the exchange.
- Bid/ask: The highest price buyers are willing to pay (bid) and the lowest price sellers accept (ask). The midpoint is sometimes shown as a reference.
- Pre‑market and after‑hours: Nasdaq‑listed stocks trade outside normal hours; pre‑market and after‑hours quotes reflect trades in these sessions and can differ significantly from regular session prices due to lower liquidity.
Typical data delays by platform: Yahoo Finance and Investing.com often warn that their free quotes may be delayed; many brokerage apps provide real‑time data for USD trades. Public.com and some broker feeds will show extended‑hours pricing, while news sites like CNBC summarize closing prices and major movements. When checking "what is canopy growth stock price," check whether the provider shows delay and whether the quote is extended‑hours.
Current price vs. historical prices
There is a difference between a snapshot current price and the historical, adjusted price series:
- Current price (intraday): Useful for live trading decisions and short‑term monitoring; displayed as last trade, and often accompanied by percent change for the day.
- Historical prices: End‑of‑day series available for weeks, months, years — often adjusted for corporate actions (dividends, splits) so long‑term charts reflect true total returns.
Macrotrends and Investing.com are commonly used for long‑term charts and downloadable historical series. Yahoo Finance and Robinhood provide both current quotes and recent historical data. When determining "what is canopy growth stock price" historically, use an adjusted series to account for splits or special corporate actions.
As of June 30, 2024, Macrotrends and Yahoo Finance were widely used sources for historical CGC/WEED price series and charting; verify whether the series is adjusted before doing long‑term comparisons.
Key price metrics and indicators
When checking "what is canopy growth stock price," platforms typically show several accompanying metrics that help interpret the quote:
- Market capitalization: total equity market value (shares outstanding × price).
- 52‑week high / 52‑week low: range over the last year.
- Volume and average daily volume: current session trade volume and mean trading volume (often 30‑ or 90‑day average).
- P/E ratio and EPS (if available): may be N/A for companies with negative earnings.
- Beta: a volatility metric versus a benchmark.
- Float and shares outstanding: indicates liquidity and potential for supply shocks.
Examples of where these appear: Yahoo Finance and WSJ display market cap, 52‑week range, and volume; Robinhood and Markets Insider aggregate analyst metrics like consensus price targets and EPS estimates. When checking "what is canopy growth stock price," review these indicators to understand context — e.g., a low price with low float and low volume can mean higher short‑term volatility.
Recent price drivers affecting Canopy Growth
Several recurring categories of events tend to affect Canopy Growth's price. If you wonder "what is canopy growth stock price" and why it moves, consider these drivers:
- Earnings reports and guidance: quarterly revenue, gross margin, and cash flow statements often move the stock.
- Regulatory and legal news: changes in cannabis policy or licensing at federal or provincial/state level can materially impact valuation.
- Corporate actions: asset sales, restructuring, at‑the‑market (ATM) equity programs, mergers and acquisitions, and share issuances can change supply and investor perception.
- Sector momentum: moves in cannabis peers or ETF flows into/out of cannabis indexes can create correlated moves.
- Macro conditions: interest rates, risk‑on/risk‑off sentiment and broader equity market moves often amplify sector moves.
As of June 30, 2024, news outlets such as Business Insider, Yahoo Finance and Seeking Alpha frequently covered Canopy Growth earnings and corporate restructuring items; these stories were common catalysts referenced when discussing "what is canopy growth stock price." For the latest event‑driven moves, check news feeds from major financial publishers and company press releases.
After‑hours and extended‑hours trading
Extended hours can change the displayed quote for CGC. Key points to know when you check "what is canopy growth stock price" outside regular hours:
- Liquidity is lower after hours, so trades can move price more easily and spreads widen.
- Some broker platforms (e.g., Public.com and certain brokerage apps) display after‑hours last trade and separate percent moves for extended sessions; others only show the regular session close.
- News released after the market close can cause a large gap between the prior close and the next regular session open.
Public reporting on after‑hours behavior indicates that CGC, like many single‑stock names, can show exaggerated moves in extended sessions. When monitoring "what is canopy growth stock price," confirm whether the quote is extended‑hours or regular session.
Historical performance and notable events
Documenting long‑term performance requires an adjusted price series. Major peaks and troughs for Canopy Growth have been driven by industry cycles, regulatory milestones, and financing events. To prepare a reliable historical analysis when asking "what is canopy growth stock price" over time, use these steps:
- Use adjusted close series to include splits and dividends. Macrotrends and Investing.com provide downloadable adjusted series and long‑term charts.
- Identify structural events: issuance rounds, large acquisitions, or strategic pivots. These events can change share count and shift valuation baselines.
- Compare price performance to sector and market indices to isolate company‑specific effects.
Sources such as Macrotrends are commonly cited for all‑time highs and long‑term percent changes. When recording historical highs or troughs for "what is canopy growth stock price," always cite the date and whether the price is in USD (CGC) or CAD (WEED).
Analyst coverage and price targets
Analysts publish recommendations and price targets that appear on aggregator pages. When someone asks "what is canopy growth stock price" and wonders about fair value, note that:
- Consensus price targets are an average of analyst estimates; they are neither guarantees nor precise valuations.
- Recommendations (buy/hold/sell) and target revisions can influence investor sentiment and near‑term trading.
- Aggregators such as Markets Insider and Robinhood collect analyst data; WSJ Research pages often display institutional coverage summaries.
As of mid‑2024, several analysts tracked Canopy Growth with differing targets reflecting uncertainty in cannabis markets — check aggregator pages for current consensus. Remember: analyst coverage can lag market events and is not a substitute for primary company disclosures.
How to check the live Canopy Growth stock price
If you need to know "what is canopy growth stock price" at this moment, here are reliable practical steps and tools:
- Use a brokerage app that offers real‑time quotes. If you trade, your broker is the primary source for executable prices. Bitget supports trading for many international tickers and provides real‑time quotes for supported markets — use Bitget for live USD quotes and trading execution where available.
- Major financial websites: Yahoo Finance, CNBC, Investing.com and WSJ — check whether they state "real‑time" or a delay.
- Dedicated after‑hours feeds: Public.com and some broker apps display extended‑hours trades and separate session percent changes.
- Exchange feeds: for the most authoritative pricing, consult the exchange feed (Nasdaq for CGC in USD; TSX for WEED in CAD). Many platforms display exchange identifiers with quotes.
When asking "what is canopy growth stock price," be explicit about which ticker and currency you mean and whether you need an extended‑hours quote. If you plan to trade, rely on your broker's live quote — Bitget offers trading and live price data for supported listings.
Interpreting price differences between exchanges
Because Canopy Growth is dual‑listed, CGC (USD) and WEED (CAD) quotes can differ for several technical reasons:
- Currency conversion: USD/CAD exchange rate shifts will create apparent differences even when the underlying share is the same.
- Separate order books: liquidity differs between Nasdaq and TSX; day‑to‑day trade flow on one exchange can cause temporary price divergence.
- Share fungibility and ADR mechanics: cross‑listed shares may be represented differently across markets, and settlement conventions vary.
Best practices when comparing CGC vs WEED: convert the CAD quote to USD (or vice versa) using the spot FX rate, compare prices at the same timestamp, and account for trading hours. This answers the common question "what is canopy growth stock price" across markets with an apples‑to‑apples comparison.
Data reliability and caveats
When checking "what is canopy growth stock price," keep these caveats in mind:
- Delayed quotes: free sites may show a 15–20 minute delay unless labeled real‑time.
- Extended hours volatility: after‑hours prices can be misleading for normal session expectations due to low liquidity and wider spreads.
- Incorrect feeds: occasional data provider errors or reclassifications occur; verify with a second source if a quote seems anomalous.
- Not investment advice: this article explains how to find and interpret price data but is not a recommendation to buy or sell.
Always confirm the timestamp, exchange, currency, and session type (regular vs extended) when answering "what is canopy growth stock price." For execution, rely on your broker (Bitget) and review the order ticket details before placing trades.
Practical checklist: getting a verified live quote
- Identify the ticker (CGC vs WEED) and desired currency (USD vs CAD).
- Confirm the exchange and session (Nasdaq regular, Nasdaq premarket, Nasdaq after‑hours, or TSX regular).
- Use a broker or platform that shows real‑time feed for the chosen exchange — Bitget can provide trading and execution where supported.
- Cross‑check with at least one major financial data provider (Yahoo Finance, WSJ, CNBC) to confirm context and headlines.
- For historical comparisons, download an adjusted close series from Macrotrends or Investing.com and note the adjustment methodology.
Example: interpreting a quoted snapshot
When you open a quote panel and see: Last trade $X.XX, Change +Y.YY%, Volume Z million — here is how to read it:
- Last trade: price of the most recent recorded trade on the exchange for the selected session.
- Change: percent change vs previous regular session close (watch for extended‑hours label).
- Volume: cumulative shares traded during the current session.
If the panel also shows Bid $A.AA / Ask $B.BB and a spread over 1–2% in after‑hours, that indicates low liquidity; placing a market order in such a session can result in price slippage.
Recent reporting snapshots (timed references)
- As of June 30, 2024, according to Yahoo Finance, Canopy Growth continued to trade on Nasdaq and TSX under CGC and WEED respectively, with widely followed market data and news coverage from major outlets.
- As of June 30, 2024, CNBC and Markets Insider summarized analyst coverage and displayed consensus targets on their profile pages for CGC/WEED.
- As of June 30, 2024, Macrotrends and Investing.com provided long‑term adjusted series and downloadable historical data for Canopy Growth.
These dated references show where to validate price and event context; for the latest numbers, consult the live data feed or a broker like Bitget.
Related technical indicators (beginners)
When exploring "what is canopy growth stock price," beginners may find these simple indicators useful:
- Moving averages (e.g., 50‑day, 200‑day): show trend direction and common support/resistance levels.
- Relative Strength Index (RSI): indicates overbought/oversold conditions on a 0–100 scale.
- Volume spikes: confirm that price moves have participation.
Many charting tools on Yahoo Finance, Investing.com, and brokerage platforms include these overlays. Use them to complement price quotes when trying to understand "what is canopy growth stock price" in a technical context.
Custody and wallets
If your activity includes Web3 or tokenized assets related to the cannabis sector, Bitget Wallet is recommended for custody and Web3 interactions. For the equity share price question "what is canopy growth stock price," shares trade on regulated exchanges and are held via brokerage accounts rather than on typical Web3 wallets. Bitget supports both trading and integrated custody options for supported instruments.
See also
- Cannabis industry stocks overview
- How to read a stock quote
- Ticker symbol lookup and exchange identifiers
- Historical price analysis methods and adjusted close series
References and data sources
- Yahoo Finance — company quote pages for CGC and WEED (price, market cap, 52‑week range, volume).
- Robinhood — quote and stats pages, analyst aggregates.
- CNBC — quote, company profile and news coverage.
- Public.com — after‑hours quote behavior and extended session reporting.
- Investing.com / Markets Insider — historical series and analyst consensus.
- WSJ — market data and research summaries.
- Business Insider — news and sector reporting.
- Macrotrends — long‑term adjusted price series and historical charts.
All of the above sources are commonly used to answer the question "what is canopy growth stock price" and to provide context. When using them, confirm the date and whether data are real‑time or delayed.
Final notes and next steps
If your immediate need is to see what is canopy growth stock price right now, open your Bitget trading app (or another broker you use) and search ticker CGC for the USD feed or WEED for the CAD feed, confirm the session type (regular vs extended) and currency, and review the bid/ask and volume before trading. For long‑term research, download an adjusted historical series from Macrotrends or Investing.com and cross‑check company filings.
To explore live prices and trade where supported, consider using Bitget for market access and Bitget Wallet for custody of Web3 assets. Always verify timestamps and exchange sources when answering "what is canopy growth stock price."
This article is informational and not investment advice. Verify live quotes with your broker or exchange before making trading decisions.
