Why Canopy Growth Corporation Stock Soared 100% This Week
CGCCanopy Growth(CGC) The Motley Fool·2024-03-23 03:43

Shares of Canopy Growth Corporation (CGC 63.38%) have rocketed higher this week, according to data from S&P Global Market Intelligence. The Canadian cannabis producer is up over 100% after Vice President Kamala Harris called for cannabis to be decriminalized as quickly as possible. Investors have taken this in stride and aggressively bought the stock. As of 3:17 p.m. ET on Friday, March 22, shares of Canopy Growth are up 135.1% this week. Here's why. A path to legalization in the United States? In the State ...