Canopy Growth Corp vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Canopy Growth Corp trades at $0.96 (market cap $407.38M), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $429.39 (market cap $1.98T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 4860.3× Canopy Growth Corp's market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.9% dividend while Canopy Growth Corp pays none. Which is the better fit depends on your goals.
| CGC | TSM | |
|---|---|---|
Market Cap | $407.38M | $1.98T |
Sector | Health | Technology |
52-Week High | $1.92 | $477.57 |
52-Week Low | $0.86 | $227.33 |
Enterprise Value | $346.82M | $1.90T |
Dividend Yield | — | 0.9% |
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 →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →