1 Reason Marijuana Stocks Could Bounce Back in 2020 [The Motley Fool]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: The Motley Fool
09 was rough for cannabis stocks -- and the investors who held them -- due to a number of factors The bubble that grew ahead of Canada's legalization of marijuana in October 08 burst this year. Investors grew less willing to overlook the wide losses that many companies in the industry are experiencing, and an oversupply of marijuana led to falling prices. Meanwhile, there has been little progress toward legalization at the federal level in the U.S., and the industry remains highly fragmented, meaning there will likely be more losers than winners. Image source: Getty Images. Many of the best-known pot stocks, including Canopy Growth ( NYSE:CGC Aurora Cannabis Tilray Cronos Group ETFMG Alternative Harvest ETF YCharts However, the momentum could shift in 00 as the U.S. presidential election could generate pressure in Washington for legalization. The impact of an election It's no secret that conditions in the marijuana industry are politically driven. After all, without legal medical mari
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CGC
News
- Why Canopy Growth, Tilray, and Cronos Group Stocks Just Cratered [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Stock: Expect A Crash After The High [Seeking Alpha]Seeking Alpha
- Pot stocks soar on report DEA will ease restrictions on cannabis [Yahoo! Finance]Yahoo! Finance
- Cannabis Stocks Spike Following Reports Marijuana Will Be Reclassified As Less Dangerous Drug [Forbes]Forbes
- Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
CGC
Earnings
- 2/9/24 - Miss
CGC
Sec Filings
- 4/30/24 - Form 424B3
- 4/30/24 - Form 424B3
- 4/30/24 - Form 8-K
- CGC's page on the SEC website