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ACRDF - Canopy Growth: Still The Bellwether But Leader No More
Acreage Holdings Inc Sub Vtg Shs Cl D
Canopy Growth has become a bellwether for the cannabis sector since 2017 and the investments from Constellation Brands.
Canopy still trades below its all-time highs reached in 2019 while U.S. cannabis stocks have been hitting new all-time highs.
Canopy shares will continue to fluctuate with the broader cannabis market, but its financials and fundamentals suggest that its underperformance will likely persist.