The 5 Biggest Buyers of Canopy Growth (CGC) Stock
CGCCanopy Growth(CGC) InvestorPlace·2024-03-23 03:14

Shares of Canopy Growth (NASDAQ:CGC) stock are surging higher following the German government’s decision to legalize marijuana for adults, effective as of April 1. CGC has now more than doubled this week. With the approval, Canopy expects growth for its Storz & Bickel (S&B) brand, which produces medically approved vaporizers in Germany. Canopy acquired S&B in 2018 for about $157 million. Two of its vaporizers, the VOLCANO MEDIC 2 and the MIGHTY+ MEDIC, received European Union Medical Device Regulations (MDR ...