Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Canopy Growth Stock: Bull vs. Bear

TheMotleyFool

0 0

Canopy Growth (NASDAQ: CGC) has been a disappointing investing vehicle. Despite a multi-billion-dollar partnership with alcohol giant Constellation Brands (NYSE: STZ), the Canadian cannabis company's shares lost over 62% of their value during the prior 12 months.

What's more, Canopy was hit with two separate analyst downgrades last month, thanks to a mix of industrywide headwinds and company-specific setbacks. Wall Street, in short, isn't particularly optimistic about the pot magnate's near-term outlook.

Should retail investors follow Wall Street's lead on this top marijuana stock or is this pessimism overdone?

Source Fool.com

Like: 0

CGC

Share