CGC Stock Alert: Canopy Growth Gets Green Light for Canopy USA
Canopy Growth(CGC) InvestorPlace·2024-04-15 17:45
Despite a seemingly positive move forward, Canopy Growth (NASDAQ:CGC) shares are experiencing significant volatility today. Part of that may stem from dilution risks tied to its business decision, which involves creating a separate U.S.-focused enterprise. This development assumes that the federal government will fully legalize cannabis, which makes CGC stock a bold wager.Last Friday, shareholders voted on a proposition centered on the creation of Canopy USA. At the time, management proposed the issuance of ...