CGC Stock Is on Watch Amid ‘Canopy USA' Vote
CGCCanopy Growth(CGC) InvestorPlace·2024-04-13 03:03

Despite a volatile week for cannabis specialist Canopy Growth (NASDAQ:CGC), CGC stock has enjoyed a tremendous performance over the past month, gaining about 163%. Currently, shareholders are voting on two proposals related to the creation of a U.S.-based entity called Canopy USA. Enthusiasm is running hot that the U.S. government will eventually legalize marijuana.According to the Pew Research Center, the use and possession of marijuana is illegal under federal law. However, about three-quarters of states ...