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Canopy Growth ( (TSE:WEED) ) has provided an announcement.
Canopy Growth Corporation has announced the mailing and filing of proxy materials for its 2025 annual general and special meeting of shareholders. The company emphasizes the importance of shareholder voting to avoid additional costs and achieve a quorum, which is essential for the meeting to proceed. Shareholders will vote on several key issues, including the election of directors, auditor re-appointment, a share consolidation proposal, and an advisory vote on executive compensation. The board recommends voting in favor of all resolutions.
The most recent analyst rating on (TSE:WEED) stock is a Sell with a C$1.50 price target. To see the full list of analyst forecasts on Canopy Growth stock, see the TSE:WEED Stock Forecast page.
Spark’s Take on TSE:WEED Stock
According to Spark, TipRanks’ AI Analyst, TSE:WEED is a Neutral.
Canopy Growth’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and profitability issues. While technical indicators show short-term positive momentum, the high volatility and negative valuation metrics present significant risks. Corporate events and earnings call insights provide some optimism, but the overall outlook remains cautious.
To see Spark’s full report on TSE:WEED stock, click here.
More about Canopy Growth
Canopy Growth is a world-leading cannabis company focused on improving lives through innovative cannabis products. The company offers a range of products from owned and licensed brands such as Tweed, 7ACRES, DOJA, Deep Space, and Claybourne, along with vaporization devices by Storz.
Average Trading Volume: 2,986,774
Technical Sentiment Signal: Sell
Current Market Cap: C$468.9M
For an in-depth examination of WEED stock, go to TipRanks’ Overview page.