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Stock impact report

Canopy Growth Is Making Big Moves In Its Cannabis Business [Seeking Alpha]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Seeking Alpha
The pending MTL Cannabis acquisition expands CGC's Canadian footprint, particularly in Quebec, but offers only modest financial synergies and limited near-term upside. CGC trades at a low price-to-tangible book value, but its high adjusted EBITDA multiple and persistent cash burn limit valuation upside. I remain cautious: while downside risk appears limited, CGC must deliver operational growth and positive cash flow to justify a higher rating. Looking for a portfolio of ideas like this one? Members of 420 Investor get exclusive access to our subscriber-only portfolios. Learn More » Sckrepka/iStock via Getty Images I have followed Canopy Growth ( CGC ) since it went public. I recently upgraded it from Strong Sell to Hold in November, and it has rallied. I am not changing my rating today, but I do want More on my IG service 420 Investor launched in 2013, just ahead of Colorado legalizing for adult-use. We have moved the service to Seeking Alpha. Historically, we have prov Show less Read more
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