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-0.00119668347722033 0 -0.00418839217027107 -0.00846226173177196 -0.00846226173177196 -0.00846226173177196 -0.00846226173177196 -0.00846226173177196
Stock impact report

The Cannabis Stock Big Money Managers Are Quietly Buying [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
A big reason for this has to do with Canopy's inability to enter the U.S. market, based on current federal laws. There was some progress in this area last December, sparking a short-lived rally in Canopy and similar stocks. 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 » Since then, however, excitement about this catalyst has dwindled. Marijuana stocks have pulled back. During the third quarter, some of Wall Street's smartest investors bought Canopy, ahead of the legalization rally. Whether they've decided to hold on or not may help determine the best course of action from here. Based on the latest available SEC 13-F filings, it wasn't traditional asset managers, such as mutual and exchange-traded fund (ETF) management companies, that accumulated Canopy during the third quarter. Rather, the largest net buyers of Canopy stock during the quarter were some of Show less Read more
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