Canopy Growth: What to Do Now That the Hype Has Settled Down

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Canopy Growth: What to Do Now That the Hype Has Settled Down

Flickr / Dank Depot / (CC BY-NC 2.0)

Investors in marijuana stocks have been pleasantly surprised by this year’s run-up in stock valuations. Investors in Canopy Growth Corp. (TSX:CGC) have seen the company’s stock price jump approximately 200% this year, trading in a massive 52-week range of $2.40 to $17.86. The stock price has settled down of late, as trading volume has increased and volatility has decreased on this now-billion-dollar company.

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