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Several companies that had appeared promising are now blaming the Covid-19 crisis as they fail to turn over a new leaf for the better.
Cannabis player came under scrutiny for number of store licenses in state.
But its investors may still feel burnt from the diluted shares; meanwhile, the new year could be when several cannabis stocks go to pot.
The cannabis company just brought on STZ executive as new CEO, and this move is likely lining up bigger things to come as sector shakes out.
Morningstar Magazine offers insight into future growth potential for cannabis industry and stocks.
A host of other cannabis-related stocks has sprouted up that appear better for investing.
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.
At first glance, CGC's report looks like a drag, but you must dig into the weeds to see how timing and the industry are at play.
Canopy's earnings losses could just be a stepping stone to becoming the industry leader.
* There is an enormous amount of late stage market advance "stuff" going on these days! Acreage, the subject of a Canopy Growth takeover traded as high as $30/share today. The shares are now $22.62/share. Lots of smoke and mirrors out in this market...
CGC has the best chance to transition to broader success should the U.S. ever go the route of legalization beyond the state level.
The fact that everyone wants to know everyone's thoughts about Canopy Growth should tell you everything you want to know about CGC's current valuation and ownership. In fact, the Canadian LPs (Licensed Producers) are a tough game right now. These ar...
This $12 billion industry could rise to around $630 billion over time, according to Seaport analysts.
In an industry where Canadian companies have been grabbing the headlines, New York-based Acreage Holdings has methodically built itself into the largest American cannabis firm.