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Stock impact report

1 Beaten-Down Stock I Wouldn't Touch With a 10-Foot Pole [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
Some might think that at these levels, Canopy Growth is finally attractive. Nothing could be further from the truth. Here is why I wouldn't get anywhere close to this cannabis company, and you probably shouldn't either. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » At the beginning of the decade, many investors were bullish on the cannabis industry . The sentiment was understandable at the time. There had been notable regulatory progress that would benefit cannabis companies like Canopy Growth, or so the argument went. Canopy even positioned itself as a leader in the Canadian market and attracted a partnership with a large, well-established corporation with experience navigating highly regulated consumer goods niches, namely, beverage giant Constellation Brands . However, none of that allowed Canopy Growth to perform well. The company's revenue has been uni Show less Read more
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