Why Canopy Growth Stock Is Glowing Green Today
Thursday is looking like a great day to own Canopy Growth (NASDAQ: CGC) stock -- and state legislators are to thank for it. Shares of the Canadian cannabis company are up a solid 20% on positive momentum for the passage of a SAFER law that would give marijuana businesses access to loans and other banking services.
As Marijuana Moment reports today, the National Conference of State Legislatures (NCSL) just sent a letter to Congress, urging passage of marijuana banking reform this year.
Current law discourages banks from extending loans to marijuana businesses or allowing them to open bank accounts. If passed, the Secure and Fair Enforcement Regulation (SAFER) Banking Act would change this.
Source Fool.com
National Cinemedia Inc. Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the National Cinemedia Inc. stock is not clear.
Based on the current price of 0.31 € the target price of 6 € shows a potential of 1845.53% for National Cinemedia Inc. which would more than double the current price.