David Klein - Canopy Growth Chief Executive Officer, Director


USD 3.66  0.16  4.57%   

Chief Executive Officer, Director. We currently do not have informatin regarding David Klein. This executive tanure with Canopy Growth Corp is not currenlty determined.
Age: 56  CEO Since 2020      
855 558 9333  https://www.canopygrowth.com

David Klein Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Klein against Canopy Growth stock is an integral part of due diligence when investing in Canopy Growth. David Klein insider activity provides valuable insight into whether Canopy Growth is net buyers or sellers over its current business cycle. Note, Canopy Growth insiders must abide by specific rules, including filing SEC forms every time they buy or sell Canopy Growth'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Canopy Growth Management Efficiency

Canopy Growth Corp has Return on Asset of (7.69) % which means that on every $100 spent on asset, it lost $7.69. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (93.84) %, meaning that it generated no profit with money invested by stockholders. Canopy Growth management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.59 B in debt with debt to equity (D/E) ratio of 0.95, which is OK given its current industry classification. Canopy Growth Corp has a current ratio of 3.86, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Canopy Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Canopy Growth's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canopy Growth Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canopy to invest in growth at high rates of return. When we think about Canopy Growth's use of debt, we should always consider it together with cash and equity.
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada. Canopy Growth operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 3151 people. Canopy Growth Corp (CGC) is traded on NASDAQ Exchange in USA and employs 3,151 people.

Canopy Growth Corp Leadership Team

Elected by the shareholders, the Canopy Growth's board of directors comprises two types of representatives: Canopy Growth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canopy. The board's role is to monitor Canopy Growth's management team and ensure that shareholders' interests are well served. Canopy Growth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canopy Growth's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Ware, Chief Medical Officer
Judy Hong, Interim Chief Financial Officer
Terry Yanofsky, Director
David Klein, Chief Executive Officer, Director
Robert Hanson, Independent Director
Chris Schnarr, Independent Director
Tara Rozalowsky, Interim Chief Product Officer
Olivier Dufourmantelle, Senior Vice President - Strategic Expansion and Continuous Improvement
Ru Wadasinghe, Chief Information Officer
Judy Schmeling, Independent Chairman of the Board
James Sabia, Independent Director
William Newlands, Independent Director
David Lazzarato, Independent Director
Mark Zekulin, Chief Executive Officer
Phillip Shaer, Corporate Secretary, Chief Legal Officer
Theresa Yanofsky, Independent Director
Julious Grant, Chief Commercial Officer
Thomas Stewart, Chief Accounting Officer, Vice President
Bruce Linton, Chairman of the Board, CEO
Thomas Shipley, Senior Vice President and Chief Science Officer
John Bell, Independent Chairman of the Board
Jimes Sabia, Director
Murray Goldman, Independent Director
Peter Stringham, Independent Director
Rade Kovacevic, Vice President - Sales and Customer Experience
Mike Lee, Chief Financial Officer, Executive Vice President
Tim Saunders, CFO, Senior Vice President

Canopy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canopy Growth a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Canopy Growth Investors Sentiment

The influence of Canopy Growth's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canopy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Canopy Growth's public news can be used to forecast risks associated with investment in Canopy. The trend in average sentiment can be used to explain how an investor holding Canopy can time the market purely based on public headlines and social activities around Canopy Growth Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Canopy Growth's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canopy Growth's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canopy Growth's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canopy Growth.

Canopy Growth Implied Volatility

Canopy Growth's implied volatility exposes the market's sentiment of Canopy Growth Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canopy Growth's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canopy Growth stock will not fluctuate a lot when Canopy Growth's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canopy Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canopy Growth's short interest history, or implied volatility extrapolated from Canopy Growth options trading.

Pair Trading with Canopy Growth

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canopy Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canopy Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canopy Growth

+0.64MRNAModerna Potential GrowthPairCorr
The ability to find closely correlated positions to Canopy Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canopy Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canopy Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canopy Growth Corp to buy it.
The correlation of Canopy Growth is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canopy Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canopy Growth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canopy Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Canopy Growth Corp information on this page should be used as a complementary analysis to other Canopy Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Canopy Growth's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine Canopy Growth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.