Cannabis Stocks Forum & Discussion

Welcome to the Cannabis Investing Newsletter Forum. This is for the cannabis stocks forum & discussion. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of, and analysis of, cannabis stocks. – D. H. Taylor

Share:
Notifications
Clear all

Canopy Growth CGC Stock and all that is wrong with it

3 Posts
3 Users
0 Likes
154 Views
D. H. Taylor
(@dhtaylor)
Noble Member Admin
Joined: 2 years ago
Posts: 1120
Topic starter  

I think everyone knows I am not a big fan of Canopy Growth CGC Stock for a multitude of reasons.  There are basically two, though.  First, it is... ahem, or was, the biggest on the complete list of Top 100 Cannabis Companies to get involved in cannabis investing but, never one of the best marijuana stocks to buy.  The thing with Canopy Growth CGC Stock is that they are a sort of one of the go-to cannabis companies.  Canopy Growth garnered a significant amount of headlines when cannabis was first legalized.

Then, Canopy Growth also got a massive injection of capital as an investment from Constellation Brands, a company looking to get into the cannabis industry.  Constellation invested $4B into Canopy.  Because of this, cannabis investing was having its heyday and cannabis companies saw their stocks soar.


   
ReplyQuote
Gary Johnson
(@dr-j)
Active Member
Joined: 2 years ago
Posts: 5
 

Your timing is good.
Today about another half dozen analyst all lowered their price targets.


   
ReplyQuote



Gary Osborne
(@gosborne403outlook-com)
Active Member
Joined: 1 year ago
Posts: 11
 

Do you think Tilray can make it to the 50 dma on this bounce or will it give it up? If it does it will be in overbought territory, per rsi


   
ReplyQuote

Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

 
Preview 0 Revisions Saved
Share:



Copyright Cannabis Investing Newsletter 2021 - 2022