Why I Just Bought Canopy Growth (TSX:WEED)

By now, you’re probably well aware that Canopy Growth’s (TSX:WEED)(NYSE:CGC) last quarter was a major disappointment. Recreational cannabis sales came in well below estimates and signaled Canopy was losing market share in the face of rising competition. Furthermore, margins completely eroded due to underutilization of production equipment combined with a revenue mix that weighed more towards lower-margin dried cannabis instead…

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Medical Cannabis, Blockchain and AI

How Global Cannabis Application Corp is innovating the Internet of Cannabis by Michael Kryton, EQUITY IR contributing writer According to Brad Moore, CEO of Global Cannabis Application Corp (GCAC), the world view of cannabis is evolving beyond the perception of marijuana as it has been perceived (a recreational solution delivered via a joint, reefer, fatty, pot, ) to what it…

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Should You Buy Canopy Growth (TSX:WEED)?

In case you haven’t noticed, Canada’s enviable cannabis sector has been busting more than booming lately. In the months and weeks counting down to legalization, cannabis stocks such as Canopy Growth (TSX:WEED)(NYSE:CGC) shot well into the stratosphere. Unfortunately, after a rally in the early part of the year, pot stocks have taken a turn and dropped sharply. In the case…

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