And CGC stock will pop. With the quorum present, this meeting is duly constituted for the transaction of all business. So I would ask maybe you can address what our plans are to drive shareholder value. Unlike Barchart Opinions (which calculate the Buy/Sell rating using a variety of short-medium and long-term technical indicators), the Analyst Ratings are more of a short-term indicator that gives you a feel for how outside industry experts are weighing in on a stock. When all matters of business have been voted on, the Scrutineer will tabulate the votes and I will announce the preliminary results. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The average projection by analysts for CGC is $19.716 over the next 12 months and analyst’s classify the stock as a Buy The table shows the mean historical analyst recommendation for the current period, along with the previous 1, 2, and 3 periods. These recommendations are updated each day and are assigned a rating on a scale of 1 to 5: The information presented on the graph represents the number of industry analysts that currently rank the stock on the 1 to 5 scale. One, demand for cannabis globally is robust, and largely recession-resilient, similar to demand for alcohol. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The 7 Best Semiconductor Stocks to Buy Today, Louis Navellier and the InvestorPlace Research Staff, Matt McCall and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, SPI Stock News: Why SPI Energy Is Surging 700% Today, 7 5G Stocks for the Next Communication Revolution, 10 Stocks For Beginners To Buy Today For Profits Tomorrow, The Holes in the Bull Case for Workhorse Stock, Buy Exxon Mobil Stock While It’s Still Deeply Unpopular, Rising consumer demand for alternative recreational drugs — like cannabis — coupled with supportive legislation will power huge growth in the global cannabis market over the next 5 to 10 years, leading to this market measuring. As I said, we're going to, you'll see disclosures from us that that benchmark where we sit today versus other companies throughout the industry. All rights reserved. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.44% per year. The reality is that global demand for cannabis is huge, and all of that demand is gradually shifting into the legal channel. Proposal #3, the approval of all unallocated awards issuable under Canopy's Omnibus Incentive Plan as well as certain amendments to the plan which increased the maximum term for options issued under the plan from six years to 10 years. Proposal #2, the reappointment of KPMG LLP Chartered Professional Accountants as Canopy's independent registered public accounting firm for fiscal year 2021 and to authorize the Board to fix KPMG's remuneration. Good morning and welcome to the 2020 annual, general and special meeting of shareholders for Canopy Growth Corporation. Hello, and welcome to the 2020 Canopy Growth Annual General and Special Meeting of Shareholders. On 50% gross margins, that implies 20% operating margins, which is also consistent with the alcoholic beverage industry. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
There's a question related to Canopy’s diversity and inclusion efforts and how that's reflected in the executive team.
Futures and Forex: 10 or 15 minute delay, CT. © 2020 Barchart.com, Inc. All Rights Reserved. Thank you, Judy. So, yes, thank you, Judy.
Following your selections, you must click Submit in order for your vote to be counted. Judy, please commence with the review of the meeting proposals. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Thank you. We will refer you to the documents which the company files from time-to-time with the SEC and on SEDAR, in particular, the company's last filed quarterly interim financial report filed with the SEC on Form-10Q, and on SEDAR on August 10, 2020.
has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Canopy Growth Corporation is a cannabis company. Visit performance for information about the performance numbers displayed above. He will be available during the meeting to respond to probate questions if needed.
Visit www.zacksdata.com to get our data and content for your mobile app or website. Canopy Growth finally has a strategy in place to capture that shifting demand, while also maintaining a slim operating model that allows for profitable growth. Data may be intentionally delayed pursuant to supplier requirements. Find out if CGC is the best investment for you. It's just going to take the next several quarters to really see those numbers start to come through. Indeed, by my numbers, CGC stock isn’t fairly valued relative to the company’s long-term growth prospects until about $30. That’s due to management’s hyper-focus on gutting the expense model, removing unnecessary spend, streamlining investments, and running a slimmer operating model. Get the latest Canopy Growth Corporation CGC detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.