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home / news releases / ACRDF - Where Will Canopy Growth Stock Be In 5 Years?

ACRDF - Where Will Canopy Growth Stock Be In 5 Years?

Acreage Holdings Inc Sub Vtg Shs Cl D
  • Cannabis stocks are soaring, but Canopy Growth still trades at multi-year lows.
  • The company pushed back on profitability guidance but reiterated FY24 guidance for positive free cash flow.
  • Canopy Growth anticipates strong growth in Canada as the legal market takes share from the illicit market.
  • I continue to rate shares a buy, though I note that better opportunities exist elsewhere in the sector.

For further details see:

Where Will Canopy Growth Stock Be In 5 Years?
Stock Information
Company Name: Acreage Holdings Inc Sub Vtg Shs Cl D
Stock Symbol: ACRDF
Market: OTC
Website: acreageholdings.com
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