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home / news releases / ACRDF - Can Canopy Growth's Stock Price Recover To $10?

ACRDF - Can Canopy Growth's Stock Price Recover To $10?

Acreage Holdings Inc Sub Vtg Shs Cl D
  • Canopy Growth was once the top stock to own in cannabis.
  • Bulls previously cited the large $4 billion cash hoard as a reason to buy: the company now has a net debt position.
  • The company continues to burn cash and its poor cannabis margins are concerning.
  • Ontario retail stores have increased by more than 10x over the last two years.
  • The stock looks very cheap here, especially for those who are unable to invest in US peers.

For further details see:

Can Canopy Growth's Stock Price Recover To $10?
Stock Information
Company Name: Acreage Holdings Inc Sub Vtg Shs Cl D
Stock Symbol: ACRDF
Market: OTC
Website: acreageholdings.com
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