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Ticker or company: WEEDMain company stories
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Canopy Growth: Penny Stock Purgatory -- or Cannabis Rebound in the Making?
Canopy Growth (NASDAQ: CGC) has spent the better part of the past five years destroying shareholder value. The stock is down more than 99% from its all-time high. The company has burned through billions of dollars, diluted shareholders repeatedly, exited non-core businesses, and cycled …
WEED
main company
Sharemaestro market context
Price below Trend Line
52 weeks -22.0% · Next-week setup negative 38.1%
Why Rescheduling Might Not Move Canopy Growth's Stock as Much as You Think
Key Points The United States is slowly moving toward the legalization of marijuana. The next big step is the rescheduling of the drug at the federal level, which won't make it legal, just less illegal. Canopy Growth's business won't be dramatically impacted either way.10 …
WEED
main company
Sharemaestro market context
Price below Trend Line
52 weeks -22.0% · Next-week setup negative 38.1%