Canopy Growth (TSX:WEED) Is Joining the S&P/TSX 60 Index: Time to Buy?

It’s shaping up to be another big year for Canopy Growth (TSX:WEED)(NYSE:CGC). After getting off to a great start in early 2019, the company continued its expansion, acquiring Spanish producer Cafina and pursuing a licence to sell pot in New York State. As a result of its rapid growth, Canopy is set to become the first weed stock on the S&P/TSX…

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Could Canopy Growth Corp (TSX:WEED) Fall Below $50?

The hype for marijuana stocks has been strong in recent years. However, not everyone is sold on their ability to meet the expectations that Wall Street has set for them. With a lot of hurdles present in the cannabis industry and many hiccups since legalization, it hasn’t been smooth sailing. Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) has been no exception to that…

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This Pot Stock Is Now Canada’s Most Popular Company

Cannabis stocks have been going gangbusters for nearly a year. In many cases, small, unknown companies have been catapulted into the spotlight, minting thousands of millionaires in as little as a few weeks. In 2015, shares of Canopy Growth (TSX:WEED)(NYSE:CGC) were under $2 apiece. This week, the stock closed above $55 per share. That meteoric rise has made Canopy one…

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Don’t Miss Out on the Pot Boom and Buy Canopy Growth (TSX:WEED) Now

Canada’s booming marijuana industry has been attracting considerable attention, especially since it became the first developed nation to legalize the recreational use of the drug. That event triggered a massive boom among marijuana companies with Canopy Growth (TSX:WEED)(NYSE:CGC) emerging as the industry leader. The marijuana cultivator has grown from being the first publicly traded marijuana company in North America in…

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3 Ways Canopy Growth Corp (TSX:WEED) Is Overvalued

Recently, I wrote about weed company Aphria’s ambitious $1 billion sales target and the difficulty of hitting that goal. This time, I heard a similar tune from Canopy Growth (TSX:WEED)(NYSE:CGC). Being the largest publicly traded weed stock in the world, the goal of $1 billion net revenue is not ill-conceived. However, despite the $18.9 billion market cap and industry leader…

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Warning: This Story From Colorado Could Mean Bad News for Marijuana Stocks

Marijuana stocks are once again on the wane. After months of solid returns, marijuana leaders like Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) began sliding in March, with some down as much as 11% in a month. Although marijuana is a highly volatile sector, the present bearish trend comes at a time when most TSX stocks are doing well, so it may reflect more…

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Marijuana’s Next Ally? Look No Further Than the Big Six

Can you name one way in which Canadian banks definitively have the edge over their U.S. counterparts? Try involvement and working knowledge with legal weed. American banks have next to no experience in the legal marijuana sector, while Canadian banks have been scoring points for servicing some of the country’s best producers of the sticky green stuff over the past…

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2 Marijuana Stocks That Are Growing Faster Than Canopy Growth (TSX:WEED)

Canopy Growth (TSX:WEED)(NYSE:CGC) is one of the fastest-growing marijuana producers in the world. With year-over-year revenue growth of 280% in its most recent quarter, the company is growing like lightning. It’s also the largest cannabis company by revenue with $77 million in sales in its most recent quarter. Being the largest and fastest-growing company in an industry is not an easy…

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3 Marijuana Stocks That Could be the Next Canopy Growth (TSX:WEED)

Investors in Canopy Growth Corp.  (TSX:WEED)(NYSE:CGC) might be feeling a little bit bored at the moment. The stock seems to have come to a standstill in the last few weeks, as the company is no longer making those huge announcements that seemed to hit headlines every couple of days not too long ago. While the stock is exciting and there is…

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What Should You Do With Your Canopy Growth (TSX:WEED) Stock?

Investors who thought they were headed for a $100 share price for Canopy Growth (TSX:WEED)(NYSE:CGC) are feeling pretty bummed out at the moment. After rallying back to the $70 range, coming up from the depths of a $30 share price, investors hoped this was a sign of things to come. But in the last few weeks, shares have dropped down to…

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