Should Investors Buy or Sell Canopy Growth Right Now?

The past few months have been tough for large-cap pot stocks. Some companies, such as Aurora Cannabis, have had significant layoffs in an attempt to get their losses under control.

Canopy Growth (NYSE: CGC) has also had its fair share of difficulties. Between the departure of its longtime, iconic co-CEO, Bruce Linton, significant management team changes, and some startlingly high quarterly losses, Canopy Growth has lost much of its appeal over the past year.

However, things might be turning around for Canopy. With the company reporting a better-than-expected third quarter, the worst may be finally over for this battered cannabis giant. Let's find out whether now's the right time to buy Canopy or whether the stock could still fall even further.

Source Fool.com