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Is weed to a good stock to buy?
In the last year, 3 stock analysts published opinions about WEED-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock.
Who does canopy growth own?
The company was renamed to Canopy Growth Corp. in September 2015 with two established brands: Tweed Inc. and Bedrocan Canada Corp. Specifically, CGC is the parent company of licensed cannabis producers Tweed Inc., Tweed Farms Inc., Spectrum Cannabis., as well as newly acquired companies.
Is Canopy Growth a good long term investment?
Therefore, I'd have to say Canopy Growth stock is still considerably overvalued and a higher-risk investment. While I believe in the company's potential over the long run, the price of the shares today compared to what it's been able to accomplish so far, in my opinion, makes it far too risky.
Will canopy stock go up?
The company does not currently pay any dividends to shareholders and is therefore not a yield stock. However, current analysis suggests that the share price can still rise, as shown by the share's performance in March 2022 with a gain of 19.80%.