Cannabis stocks have been on the rise following the legalization of recreational use of marijuana in Canada. For instance, CGC stock was under $2 per share in 2015, and it has remarkably increased to date. Canada’s Canopy Growth (TSX:WEED) (NYSE:CGC) sold for $55 CAD per share this week, positioning the company as a leader in the marijuana industry.
Canopy has made tremendous achievement since 2014 when it became the first marijuana company to trade publicly in North America. The company has a market capitalization of approximately $20 billion now. With these remarkable achievements, it’s time for ...
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