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Why Canopy Growth Stock Is Sinking Today


Shares of top Canadian cannabis company Canopy Growth (NASDAQ: CGC) are having another rough trading session today. Specifically, the pot titan's stock price dove by as much as 13.1% during the morning portion of Friday's session.

Canopy's stock has rebounded to some degree in the interim, but the company's share price was still down by a hefty 8.13% as 12:03 p.m. ET Friday afternoon. If this line holds, Canopy's stock price will have fallen by an unsightly 69.7% so far this year. 

Image Source: Getty Images.

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Source Fool.com

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