Looking for Canopy Growth News? - A CGC Stock Analysis

17/09/2023 12 min

Listen "Looking for Canopy Growth News? - A CGC Stock Analysis"

Episode Synopsis


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/VEFuddMTfVQ.

Looking for Canopy Growth news? Our CGC stock analysis looks at why Canopy Growth stock has been soaring to the moon. Hint: it's the same reason all cannabis stocks have been rocketing upwards, including the biggest cannabis ETF - MSOS - which is looking more like a stock given how volatile it is. Don't invest in stocks, invest in companies, so ask yourself why you want to invest in a Canadian cannabis company when all the future growth potential is in the United States. Multi-state operators offer a much better way to capture cannabis growth - and legalization - than a Canadian marijuana stock which can't sell weed for more than it costs to produce. Until $CGC can achieve positive gross margins, this company is a big avoid from where we're sitting. [Takes massive rip off office four-footer.] [Spastic coughing fit.] [Gets called into HR office.]