BUY Canada’s #1 Weed Stock in 2022? (Canopy Growth Analysis)
BUY Canada’s #1 Weed Stock in 2022? (Canopy Growth Analysis)
In today’s video, I’ll be discussing Canada’s largest cannabis company, Canopy Growth, to see if this weed stock is cheap or a value trap! Canopy Growth currently has a market capitalization of $3.5B, making it the largest cannabis producer in Canada. However, lately, growth stocks of all kinds have been getting destroyed in this market, and Canopy Growth stock has been no exception! Canopy Growth stock with ticker symbol WEED.TO on the TSX is down 80% over the past 1 year. While an 80% drop seems unbelievable, it’s actually quite common in today’s market and might not totally reflect the underlying fundamentals of this business. So, is Canopy Growth stock a buy in 2022? Watch to find out!
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I’m a us army veteran with PTSD who chooses cannabis and fully believes that everyone should be able to grow their own. Al Capone must be spinning in his grave…….
Will canopy conflict with the truck convoy in canada?
Not interested in buying Canopy, but Trulieve looks promising!
Great video!!
First. Wish I had something to say.