Bank of America (NYSE:BAC) Says This Cannabis Stock Is Now a Buy

Bank of America analysts haven’t always been bullish on cannabis stocks, but due to the recent industry-wide decline, they’re jumping in. On November 20, the firm upgraded shares of Canopy Growth (TSX:WEED)(NYSE:CGC) to “buy,” noting that consensus estimates are finally “achievable (even beatable).” A big part of the upgrade was valuation. Since April, Canopy shares have lost two-thirds of their…

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