Canopy Growth Corp.’s stock CGC fell about 7% in premarket trading on Wednesday on volume of two million shares, as investors continued to focus on the cannabis stock. The company said Wednesday it’ll take part in investor conferences including the ATB Capital Markets 2023 Life Sciences Institutional Investor Conference on Sept. 20 and the Benzinga Cannabis Capital Conference, on Sept. 27. In regular trading on Tuesday, Canopy Growth stock fell nearly 21% after big runups in recent sessions after the U.S. Drug Enforcement Agency said on Aug. 30 it would review the Schedule I classification of cannabis. Even with the loss, Canopy Growth stock is still up about 67% in the past five days.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.