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Stock impact report

Canopy Growth: Is There Any Hope Left for This Beaten-Down Stock? [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
To say that cannabis producer Canopy Growth (NASDAQ: CGC) has been an underwhelming buy in recent years would be a massive understatement. The Canadian-based cannabis company has been in an endless free fall. Five years ago, the company's market cap was around $14 billion. Today, however, it's worth less than $500 million. For investors who have bought the dip on Canopy Growth amid its tailspin, they've been rewarded with significant losses. And it begs the question of whether there is any viable reason to invest in this once-promising growth stock today? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Why can't Canopy Growth stock catch a break? The big reason to invest in Canopy Growth several years ago was due to the hope that marijuana legalization would soon take place in Show less Read more
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