Canopy Growth Stock: Bull vs. Bear

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?

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Source Fool.com