Canopy Growth Corp. (NYSE: CGC; TSX: WEED) is a Canada-based holding company that produces, distributes, and sells a variety of cannabis and hemp-based products for medical and recreational use. Its products include dried flower, oil, soft-gel capsules, edibles, vapes, beverages, and a broad range of cannabis accessories.
Canopy Growth faces competition from a large number of U.S. and primarily Canada-based cannabis companies, including Cronos Group Inc. (NASDAQ: CRON; TSX: CRON.TO), Aurora Cannabis Inc. (NYSE: ACB; TSX: ACB.TO), and OrganiGram Holdings Inc. (NASDAQ: OGI; TSX: OGI.TO).
Key Takeaways
- Canopy Growth produces, distributes, and sells medical and recreational cannabis.
- The company’s Canada Cannabis segment is its largest source of revenue and its largest gross profit source.
- The company divested its This Works brand in December 2023 in order to streamline its business.
Canopy Growth’s Financials
Canopy Growth…
