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CGC - What The Cannabis Industry Can Learn From History
Canopy Growth Corporation
Alcohol and cannabis stand as perhaps two of the most controversial consumer goods in recent history. After exploring the history of the alcohol industry during the period of prohibition, we found two lessons that could be applied to the cannabis industry.
Price Actions: A Spike and A Crash
The first lesson would be what investors are more focused on: stock price action. It's worth reading this recent article from Barron's, which explains the price movement of alcohol companies during the period surrounding the end of prohibition. Essentially, the stock prices of alcohol companies