Canopy Growth (CGC) Stock Analysis — March 2026

Canopy Growth (CGC) stock is currently trading at $1.02 per share on the NASDAQ exchange. This represents a daily decline of -2.86% ($0.03) from the previous closing price of $1.05. Over the past 52 weeks, CGC has traded between a low of $0.77 and a high of $2.38, placing the current price at approximately -57% from its annual high. The stock has a market capitalization of $385.4M, making it a notable cannabis companies tracked by Cannabismarketcap. Canopy Growth operates in the LP sector, classified under "MEDICINAL CHEMICALS & BOTANICAL PRODUCTS", serving the broader cannabis industry.

Canopy Growth (CGC) has a current market capitalization of $385.4M, calculated by multiplying its 377.9M shares outstanding by the current stock price of $1.02. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Canopy Growth among the mid-cap cannabis companies tracked on Cannabismarketcap. For context, the enterprise value (market cap plus debt minus cash) stands at $385.4M, which accounts for the company's balance sheet structure. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Canopy Growth (CGC) currently reports a gross margin of 0.3%, which means the company retains 0.3 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $278.4M, this translates to an estimated gross profit of approximately $801.7K. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Canopy Growth's financial health.

Canopy Growth (CGC) reports trailing twelve month (TTM) revenue of $278.4M, reflecting the total sales generated by the company over the most recent four quarters. The current price-to-sales ratio is 1.38x, which means investors are paying $1.38 for every $1 of annual revenue — a relatively low valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.

Canopy Growth (CGC) reports several important financial metrics that investors track closely. The company has a market capitalization of $385.4M, trailing twelve month revenue of $278.4M, and a gross margin of 0.3%. On the balance sheet, Canopy Growth holds $0 in cash and equivalents against $0 in total debt, resulting in a debt-to-market-cap ratio of 0.00x. The price-to-sales ratio stands at 1.38x, while the enterprise value to revenue multiple is N/A. With 377.9M shares outstanding, investors should consider both the fundamental financial performance and share structure when evaluating CGC.

Canopy Growth currently employs approximately 960 people across its operations. As a LP cannabis company headquartered in Canada, its workforce supports activities spanning medicinal chemicals & botanical products and related business functions. Based on trailing twelve month revenue of $278.4M, this equates to approximately $290.0K in revenue per employee, which is a useful efficiency metric for comparing operational productivity across cannabis companies. Employee count is an important indicator of a company's operational scale and its capacity for growth in an industry that remains highly labor-intensive due to regulatory requirements.

Canopy Growth trades under the ticker symbol CGC on the NASDAQ exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The company has been publicly listed since 2014-04-07, giving it a track record in the public markets that investors can analyze for long-term trends. The stock sees average daily trading volume of approximately 7.5M shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

Canopy Growth is classified as a LP company within the cannabis industry, meaning it is a licensed producer of cannabis, typically operating under a national framework for cultivation and distribution. Its official SIC classification is "MEDICINAL CHEMICALS & BOTANICAL PRODUCTS," which provides additional detail about its core business activities. The LP sector is a key segment of the cannabis market, and investors often compare companies within the same sector to identify relative outperformers. You can compare CGC with other LP stocks on Cannabismarketcap's sector page to see how it ranks on metrics like market cap, revenue, and margins.

Canopy Growth (CGC) has a gross margin of 0.3%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $278.4M, this translates to an estimated gross profit of approximately $801.7K. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A thin gross margin like Canopy Growth's suggests the company has pricing power and operational efficiency relative to peers.

You can compare Canopy Growth (CGC) side-by-side with any cannabis stock on Cannabismarketcap using the dedicated comparison tool. Key comparison metrics include market cap ($385.4M), trailing twelve month revenue ($278.4M), gross margin (0.3%), and price-to-sales ratio (1.38x). Canopy Growth sits in the LP sector, so the most relevant peer comparisons would be against other LP companies, though cross-sector comparisons can also reveal interesting insights about relative valuation. Visit the rankings page to see where CGC stands across all cannabis companies on metrics like revenue growth (0.00% YoY), cash position ($0), and employee count (960).

Canopy Growth (CGC) has traded between a 52-week low of $0.77 and a 52-week high of $2.38, with the current price of $1.02 sitting approximately -57% from the annual high. This range represents a spread of $1.61 (209% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

Canopy Growth (CGC) is valued at a market capitalization of $385.4M with a price-to-sales ratio of 1.38x, and an enterprise value of $385.4M. In the cannabis industry, valuations can vary significantly depending on sector (MSO, LP, Ancillary, etc.), growth rate, and path to profitability. Canopy Growth's current revenue trajectory of 0.00% YoY may result in a lower valuation relative to faster-growing peers. Investors can use the Cannabismarketcap rankings and comparison tools to benchmark CGC against specific competitors on valuation multiples, growth rates, and profitability.

Canopy Growth (CGC) has an estimated enterprise value (EV) of $385.4M, which is calculated by taking the market capitalization of $385.4M, adding total debt of $0, and subtracting cash and equivalents of $0. Enterprise value is widely considered a more comprehensive measure of a company's total value than market cap alone because it accounts for the capital structure, including debt obligations and available liquidity. For cannabis companies in particular, where balance sheet health varies dramatically, enterprise value provides a more accurate picture of acquisition cost and relative valuation.

Determining whether Canopy Growth (CGC) is overvalued or undervalued requires analyzing multiple valuation metrics in context. The current price-to-sales ratio of 1.38x is relatively low for a cannabis company, which could suggest the stock is undervalued or that the market has concerns about future growth. The stock is currently trading at $1.02, which is -57% from its 52-week high of $2.38, with a gross margin of 0.3%. Investors should consider the company's enterprise value of $385.4M, its cash position of $0, and the broader cannabis industry outlook when forming a valuation opinion. Cannabismarketcap provides all the data needed for a thorough analysis, but this information should not be considered investment advice.

Investing in Canopy Growth (CGC) carries several risks that investors should carefully consider. First, the cannabis industry remains federally illegal in the United States, creating regulatory uncertainty that can impact stock prices, banking access, and tax obligations (notably IRC Section 280E). Second, Canopy Growth's balance sheet shows $0 in total debt against $0 in cash, which investors should monitor for dilution risk or liquidity concerns. Additionally, the stock has shown a 52-week range of $0.77 to $2.38, reflecting meaningful price volatility. As with all cannabis stocks, investors face risks from changing state regulations, competitive pressures, and the evolving legal landscape. This information is for educational purposes only and is not investment advice.

Canopy Growth (CGC) holds $0 in cash and equivalents on its balance sheet, set against $0 in total debt. This gives the company a net debt position of $0. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

Canopy Growth (CGC) currently has 377.9M shares outstanding, which when multiplied by the current stock price of $1.02 gives the company its market capitalization of $385.4M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.

Most cannabis companies, including Canopy Growth (CGC), do not currently pay dividends. The cannabis industry is still in a growth phase, and companies typically reinvest available capital into expanding operations, securing new licenses, building out retail and cultivation infrastructure, and navigating complex regulatory requirements. Additionally, the IRC Section 280E tax burden significantly reduces the free cash flow available for shareholder distributions. Investors in cannabis stocks should generally expect returns to come from capital appreciation rather than dividend income. If Canopy Growth initiates a dividend in the future, it would be reported in their SEC filings and reflected on Cannabismarketcap.

To research Canopy Growth (CGC) before investing, start with the company overview on Cannabismarketcap, which provides current price ($1.02), market cap ($385.4M), and key financial metrics. Next, review the full financial statements page for quarterly revenue trends, margins, and balance sheet details. Check the analyst ratings page for Wall Street consensus and price targets, and the technical analysis page for chart patterns and momentum indicators. Compare CGC against sector peers using the comparison tool to understand relative valuation. Review recent news coverage for regulatory developments or corporate events. Finally, read the investment analysis page for a comprehensive deep-dive. Cannabis investing carries unique risks including federal illegality, regulatory uncertainty, and limited banking access — always conduct thorough due diligence before making any investment decision.

Canopy Growth's market capitalization of $385.4M represents the total market value of all its outstanding shares (377.9M shares multiplied by the current stock price of $1.02). Market cap is the primary measure investors use to classify companies by size: mid-cap companies ($100M–$1B) like Canopy Growth offer a balance between growth potential and stability. In the cannabis sector, market cap is especially important because it determines index weighting, institutional investment eligibility, and often correlates with the company's operational scale and geographic reach. Canopy Growth currently ranks # among cannabis stocks tracked on Cannabismarketcap.

Canopy Growth (CGC), like all cannabis companies, faces significant regulatory risks that investors should understand. At the federal level, cannabis remains a Schedule I controlled substance in the United States, which restricts banking access, prevents standard business expense deductions under IRC Section 280E, and creates legal uncertainty. As a licensed producer, Canopy Growth operates under national cannabis frameworks that can change with new government policy, affecting production quotas, export capabilities, and market access. Potential catalysts include federal rescheduling (which could ease 280E burdens), the SAFE Banking Act (which would improve banking access), and individual state legalization events. Conversely, regulatory setbacks such as license moratoriums, increased enforcement, or unfavorable tax policy changes pose downside risks. Investors should monitor legislative developments closely using Cannabismarketcap's news and legalization tracker.