Canopy Growth Corp vs NextEra Energy, Inc. — how do they compare? Canopy Growth Corp trades at $1 (market cap $399.40M), while NextEra Energy, Inc. trades at $85.8 (market cap $176.68B). The key difference: NextEra Energy, Inc. is far larger — about 442.4× Canopy Growth Corp's market cap, and NextEra Energy, Inc. pays a 2.94% dividend while Canopy Growth Corp pays none. Which is the better fit depends on your goals.
| CGC | NEE | |
|---|---|---|
Market Cap | $399.40M | $176.68B |
Sector | Health | Utilities |
52-Week High | $1.92 | $97.88 |
52-Week Low | $0.86 | $69.77 |
Enterprise Value | $356.90M | $284.01B |
Dividend Yield | — | 2.94% |
Trailing returns across standard periods
Latest headlines on both assets
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow. Although it primarily operates in Canada, Canopy has distribution and production licenses in more than a dozen countries to drive expansion in global medical cannabis and also holds an option to acquire Acreage Holdings upon U.S. federal cannabis legalization.
Read more on CGC →NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →