Canaccord is Bullish on Canopy Growth Corporation (CGC)

On March 27, 2026, Canaccord started sum of Canopy Growth Corporation (NASDAQ:CGC) with a Buy standing and a terms people of C$2.00. The institution is regarded arsenic a large cannabis institution that operates successful cardinal worldwide adult-use and aesculapian markets portion creating and selling a divers merchandise portfolio. The expert stated that the institution is transitioning from an asset-light, third-party proviso strategy to an asset-right, in-house proviso exemplary successful an effort to boost its worldwide competitiveness.

On March 16, 2026, Canopy Growth Corporation (NASDAQ:CGC) announced the completion of its acquisition of MTL Cannabis, resulting successful 1 of Canada’s starring aesculapian cannabis firms successful presumption of sales. The corp stated that the transaction strengthens its Canadian infrastructure, expands its high-quality angiosperm supply, and supports worldwide growth, notably successful Europe. Management anticipates astir $10 cardinal successful run-rate synergies wrong 18 months portion integrating MTL’s promising operations to enactment a people of affirmative adjusted EBITDA successful fiscal 2027.

Canopy Growth Corporation (NASDAQ:CGC) produces, sells, and distributes cannabis and products derived from cannabinoids for some aesculapian and recreational use. The institution operates successful the pursuing segments: Canada Cannabis, International Markets Cannabis, Storz and Bickel, This Works, and Other.

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