Canopy Growth’s Global Opportunity Could Reach $200B, Benchmark Says In Bullish Initiation

Posted by Hannah Genig

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Shares of cannabis and hemp company Canopy Growth Corp. have doubled since the stock began trading on the New York Stock Exchange back in May. In August, beverage company Constellation Brands, Inc. announced a $4-billion investment in the company, increasing its stake to 38 percent.

“We believe Constellation could acquire Canopy, the perceived possibility of which should provide valuation support for the stock.” CLICK for complete article

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