Canopy Growth Corp. Could Crash Over Use of Banned Pesticides

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Canopy Growth Corp. Could Crash Over Use of Banned Pesticides

Flickr / Edna Winti / (CC BY 2.0)

Canopy Growth Corp. (TSX:WEED) has been the go-to stock for many speculative investors over its astronomical growth potential. There’s no question that Canopy had a huge run and there’s a ton of potential, but could a scandal over the use of banned pesticides send the company crashing as hard as Valeant Pharmaceuticals Intl Inc.?

Over a $1 million worth of cannabis has been destroyed over fears that the cannabis has been tainted by the use of banned pesticides.

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