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Stock impact report

Is It Too Late to Buy Canopy Growth Stock? [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
the best stocks to invest in for people who were bullish on the prospects for marijuana reform at the time. Fast-forward to today, and I would hesitate to classify the stock as a leading company or a top growth stock to own. There are larger cannabis companies than Canopy Growth out there, and it hasn't been much of a growth business of late -- it has been slashing costs and pivoting to an "asset-light" model in order to conserve cash. But Canopy remains hopeful about the U.S. legalizing cannabis because if that happens, it will open up a new growth opportunity for the business. And that raises the question -- is it really too late to invest in the pot stock, or could now be the right time to finally buy shares of Canopy Growth? Why the stock could still generate some great returns The advantage Canopy Growth has over many pot stocks is its name has become iconic and incredibly recognizable in the industry. If you think about pot stocks, odds are, Canopy Growth and its main ri Show less Read more
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