Why Does Canopy Growth (CGC) Stock Keep Climbing This Week?
CGCCanopy Growth(CGC) InvestorPlace·2024-03-21 02:29

Canopy Growth (NASDAQ:CGC) is looking like a key beneficiary amid rising calls for federal marijuana policy reform. As of this writing, CGC stock has gained more than 10% on Wednesday. For the past five days, shares are up by more than 40%. Late last week, Vice President Kamala Harris stated that the U.S. Drug Enforcement Administration (DEA) must reconsider its stance on marijuana, calling the current policy “absurd.” In a White House meeting with a group of individuals who received marijuana pardons under ...