CGC Stock Extends Slump Following Analyst’s Bearish Note

CGC stock

CGC stock continues to fall for the second straight session after falling 9% in yesterday’s trading session as an analyst at Oppenheimer warned that Canopy Growth (TSX:WEED) (NYSE:CGC) investors should brace for large losses in the coming years.

Major Trouble Ahead?

The last few months have not been particularly good for the cannabis sector, and the stocks of some of the biggest companies in the industry have underperformed considerably. As far as large cannabis companies are concerned, Canopy Growth is definitely one of them, and like many other cannabis companies, it has not had a great ...

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