Cannabismarketcap

CGCNASDAQLP

Canopy Growth

$0.68+0.02▲+2.42%USD

Canopy Growth (CGC) is a licensed cannabis producer (LP) trading on the NASDAQ. The stock is currently priced at $0.68 with a market capitalization of $292.9M and trailing twelve-month revenue of $209.5M. The company reports a gross margin of 25.2%. View SEC filings ↗

Market Cap

$292.9M

Volume

1.2M

Prev Close

$0.67

52W High

$2.38

52W Low

$0.65

P/S Ratio

1.40

Shares Out

423.0M

Revenue

$209.5M

Gross Margin

25.2%

Cash

$240.2M

CGC Price Chart

Latest Quarterly Results

In Q2 2026, Canopy Growth reported revenue of $57.9M, up 12.5% from Q2 2025. Gross margin was 27.4%. The net loss was $10.4M. The company ended the quarter with $240.2M in cash and $171.4M of debt.

CGCQ2 2026YoY
Revenue$57.9M+12.5%
Gross margin27.4%+2.4 pts
Net income-$10.4M—
Operating cash flow-$17.8M—
Cash & equivalents$240.2M+166.7%
Total debt$171.4M-18.7%

Source: SEC filings, in USD; quarters are calendar quarters of the period end. Latest filing: 10-Q, filed Aug 7, 2026 ↗. Next report expected around Nov 9, 2026 (estimate).

Trading Data

Previous Close$0.67
Open$0.67
Day Range$0.66 – $0.69
52-Week Range$0.65 – $2.38
$0.65$2.38
Volume1.2M
Avg Volume1.9M
Market Cap$292.9M
Enterprise Value$224.1M
Shares Outstanding423.0M
P/S Ratio1.40
Revenue Growth YoY+6.81%

Valuation Metrics

P/S Ratio (TTM)
1.40Below 5x
EV / Revenue
1.07xBelow 5x
Gross Margin
25.2%Moderate margins
Revenue Growth YoY
+6.81%Positive momentum
Cash Runway
51 monthsComfortable runway
Debt-to-Equity
—

Financial Highlights

View Full Financials
R
Revenue TTM$209.5MTrailing twelve months
G
Gross Profit$52.7MRevenue x Margin
%
Gross Margin25.2%Moderate profitability
$
Cash & Equivalents$240.2MAvailable liquidity
D
Total Debt$171.4MOutstanding obligations
N
Net Cash Position$68.8MCash minus debt

Quarterly Revenue

Reported quarterly revenue (SEC filings)

TTM: $209.5M

CGC Key Takeaways

  • Canopy Growth (CGC) trades at $0.68 with a market cap of $292.9M, ranking #15 among 71 cannabis stocks.
  • Trailing twelve-month revenue is $209.5M, growing +6.81% year-over-year.
  • Gross margin stands at 25.2% — moderate margins typical of the sector.
  • Balance sheet shows $240.2M cash against $171.4M debt — net cash positive.
  • Price-to-Sales ratio of 1.40x — below sector median, potentially undervalued.
  • Ranked #5 by market cap in the LP sector. Trades on the NASDAQ exchange.

CGC Stock Analysis

Canopy Growth (CGC) is a licensed cannabis producer (LP) listed on the NASDAQ exchange, headquartered in Canada. With a current share price of $0.68 and a market capitalization of $292.9M, CGC ranks #15 out of 71 publicly traded cannabis stocks tracked on Cannabismarketcap.

From a fundamental perspective, Canopy Growth reports trailing twelve-month revenue of $209.5M, representing growth of +6.81% year-over-year. The company maintains a gross margin of 25.2%, which is in line with many cannabis industry peers. At a price-to-sales multiple of 1.40x, the stock appears attractively valued relative to its revenue base.

The company's balance sheet shows $240.2M in cash and equivalents against $171.4M in total debt, resulting in a healthy net cash position of $68.8M. At the current burn rate, estimated cash runway is approximately 51 months. Investors looking for a deeper dive can explore CGC's full financial statements including quarterly breakdowns and balance sheet history.

CGC currently trades within a 52-week range of $0.65 to $2.38. Average daily trading volume stands at 1.2M shares. The company employs approximately 960 people.

Corporate Information

Company Name
Canopy Growth
Ticker Symbol
CGC
Exchange
NASDAQ
Sector
LPLicensed Producer
Industry
MEDICINAL CHEMICALS & BOTANICAL PRODUCTS(SIC 2833)
Headquarters
Canada
IPO / List Date
Apr 7, 2014
Employees
960
Market Cap
$292.9M#15 in cannabis
Shares Outstanding
423.0M
Status
Active
Currency
USD

Share Structure

Shares Outstanding
423.0M
Market Cap
$292.9M
Enterprise Value
$224.1M
Avg Volume (30d)
1.9M
Dilution Rate
—

CGC Price History

Investment Snapshot

Programmatic analysis based on available financial data. Not investment advice.

Market PositionPositive

Ranked #15 of 71 by market cap ($292.9M). Sector median: $32.9M.

Financial HealthNeutral

Net cash: $68.8M ($240.2M cash, $171.4M debt). Gross margin at 25.2%.

GrowthNeutral

Revenue growth at +6.8% YoY. Sector median: +1.6%.

ValuationPositive

P/S ratio of 1.40x vs sector median of 0.68x. Potentially undervalued.

Cannabis Industry Context

Cannabis Industry Overview

Canada became the first G7 nation to legalize recreational cannabis with the passage of the Cannabis Act (Bill C-45) in October 2018, establishing a federally regulated market that licensed producers (LPs) operate within. The Canadian LP landscape is characterized by federal oversight from Health Canada, provincial distribution models that vary by jurisdiction, and intense price compression driven by oversupply and illicit market competition. Many LPs have pivoted toward international expansion as a growth vector, pursuing EU-GMP certification to export medical cannabis to Germany, Poland, the Czech Republic, and other European markets. The European Union represents a significant long-term opportunity, with Germany in particular moving toward a regulated adult-use framework. LPs benefit from listing eligibility on major North American exchanges such as the TSX and Nasdaq, giving them access to institutional capital that remains largely unavailable to US-touching plant operators. However, the Canadian domestic market remains challenging, and investors closely track LPs' paths to sustained profitability, market share within premium product categories, and execution on international distribution.

Canopy Growth in the Licensed Producer (LP) Landscape

Canopy Growth (CGC) currently ranks #5 out of 18 publicly traded licensed producer (lp) companies by market capitalization, with a market cap of $292.9M. The company reports trailing-twelve-month revenue of $209.5M, placing it below the sector median of $230.6M. The licensed producer (lp) sector comprises 18 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.

The top companies in the licensed producer (lp) sector by market capitalization are Cronos Group (CRON) at $1.24B, Tilray Brands (TLRY) at $409.4M, and SNDL Inc (SNDL) at $342.4M. Canopy Growth competes within this group for market share, investor attention, and operational scale as the sector continues to mature.

Key Metrics at a Glance

Market Cap$292.9MSector median: $111.8M
▲
Revenue (TTM)$209.5MSector median: $230.6M
▼
Gross Margin+25.16%Sector median: +29.12%
▼
P/S Ratio1.4xSector median: 1.4x
▲

Regulatory & Risk Considerations

All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. Canadian licensed producers like Canopy Growth operate under a comprehensive federal framework administered by Health Canada, which provides regulatory clarity but also imposes strict requirements around facility licensing, product testing, packaging standardization, and marketing restrictions. While LPs benefit from legitimate banking relationships and major exchange listings, the Canadian market itself faces challenges including persistent illicit market competition, provincial distribution bottlenecks, and retail store rollout timelines that have varied dramatically by province.

For LPs with international operations, the regulatory landscape becomes significantly more complex. Each export destination maintains its own import licensing requirements, product specifications, and quality certifications — most notably EU-GMP certification for European markets. Currency exchange risk, cross-border shipping logistics, and evolving international regulations add layers of operational complexity. LPs must also be mindful of Canadian regulations that restrict certain marketing activities and promotional claims, limiting brand-building opportunities even as the market matures.

Compare CGC With Peers

CompanyPriceChange %Mkt CapRevenueMarginP/S
CGC$0.68+2.42%$292.9M$209.5M25.2%1.40
CRON$3.38+2.11%$1.24B$179.1M45.9%6.90
TLRY$2.77+1.84%$409.4M$963.1M29.1%0.43
SNDL$1.30+2.36%$342.4M$675.3M27.3%0.51
VFF$2.59+1.97%$314.3M$230.6M44.3%1.36
HITI$2.67+3.09%$233.9M———

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Frequently Asked Questions

What is Canopy Growth's (CGC) stock price today?▼

Canopy Growth (CGC) stock is currently trading at $0.68 per share on the NASDAQ exchange. This represents a daily gain of +2.42% ($0.0162) from the previous closing price of $0.67. Over the past 52 weeks, CGC has traded between a low of $0.65 and a high of $2.38, placing the current price at approximately -71% from its annual high. The stock has a market capitalization of $292.9M, 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.

What is Canopy Growth's market capitalization?▼

Canopy Growth (CGC) has a current market capitalization of $292.9M, calculated by multiplying its 423.0M shares outstanding by the current stock price of $0.68. 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 $224.1M, 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.

Is Canopy Growth profitable?▼

Canopy Growth (CGC) currently reports a gross margin of 25.2%, which means the company retains 25.2 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $209.5M, this translates to an estimated gross profit of approximately $52.7M. 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.

What is Canopy Growth's annual revenue?▼

Canopy Growth (CGC) reports trailing twelve month (TTM) revenue of $209.5M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed +6.81% year-over-year, indicating growth momentum relative to the prior period. The current price-to-sales ratio is 1.40x, which means investors are paying $1.40 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.

How many employees does Canopy Growth have?▼

Canopy Growth currently employs approximately 960 people across its operations. As a licensed cannabis producer (LP) headquartered in Canada, its workforce supports activities spanning medicinal chemicals & botanical products and related business functions. Based on trailing twelve month revenue of $209.5M, this equates to approximately $218.3K 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.

What exchange is CGC listed on?▼

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 1.2M shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

What is Canopy Growth's gross margin?▼

Canopy Growth (CGC) has a gross margin of 25.2%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $209.5M, this translates to an estimated gross profit of approximately $52.7M. 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.

What is CGC's 52-week trading range?▼

Canopy Growth (CGC) has traded between a 52-week low of $0.65 and a 52-week high of $2.38, with the current price of $0.68 sitting approximately -71% from the annual high. This range represents a spread of $1.73 (266% 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.

What is Canopy Growth's cash position and debt level?▼

Canopy Growth (CGC) holds $240.2M in cash and equivalents on its balance sheet, set against $171.4M in total debt. This gives the company a net cash position of $68.8M. At the current rate of cash usage, the company has an estimated cash runway of approximately 51 months before needing additional financing, which could come from operations, debt, or equity issuance. 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.

How many shares outstanding does Canopy Growth have?▼

Canopy Growth (CGC) currently has 423.0M shares outstanding, which when multiplied by the current stock price of $0.68 gives the company its market capitalization of $292.9M. 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.

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Disclaimer

The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Canopy Growth (CGC), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.