Weekly Cannabis Stock News: Canopy Growth Makes a Strategic Retreat
"Thanks" to the SARS-CoV-2 coronavirus, all of us are living in a world that's suddenly gone topsy-turvy. For marijuana investors, last week saw a set of developments that at times seemed contradictory and counterintuitive.
Two formerly high-flying cannabis companies, Canopy Growth (NYSE: CGC) and Aurora Cannabis (NYSE: ACB), made moves of retrenchment and desperation rather than opportunity. Meanwhile, it was a relatively small player, Aphria (NYSE: APHA), that reported the sector's big feel-good news, delivering a bottom-line profit rare for the industry.
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Source Fool.com
