Canopy Growth vs Hemp Which Is Stronger?

Canopy Growth and Hemp stocks are two major players in the rapidly growing cannabis industry. Canopy Growth is one of the largest and most well-known cannabis companies in the world, with a focus on medical and recreational marijuana products. Hemp stocks, on the other hand, are companies that primarily produce and distribute products derived from hemp, such as CBD oil. Both types of stocks have seen significant growth in recent years, attracting investors looking to capitalize on the booming cannabis market.

Canopy Growth or Hemp?

When comparing Canopy Growth and Hemp, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Canopy Growth and Hemp.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Canopy Growth has a dividend yield of -%, while Hemp has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Canopy Growth reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Hemp reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Canopy Growth P/E ratio at -0.80 and Hemp's P/E ratio at 0.00. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Canopy Growth P/B ratio is 0.88 while Hemp's P/B ratio is 0.00.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Canopy Growth has seen a 5-year revenue growth of 3.36%, while Hemp's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canopy Growth's ROE at -108.18% and Hemp's ROE at 0.00%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $3.62 for Canopy Growth and $0.00 for Hemp. Over the past year, Canopy Growth's prices ranged from $2.75 to $14.92, with a yearly change of 441.56%. Hemp's prices fluctuated between $0.00 and $0.00, with a yearly change of 1900.00%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.