Why Shares of Canopy Stocks ($WEED) are Exploding?! 🚀 [250% in 1 Month 😲]
Автор: Moementum Finance & Stock Investing
Загружено: 2023-09-11
Просмотров: 418
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Shares of Canopy Growth Corporation with ticker symbol WEED (NYSE:CGC) went up by over 80% today reaching $2.30 CAD. Shares are up by over 177% over the past week, and up more 260% last month. This increase in share price comes as cannabis stocks continue to benefit from the news that a senior official in the US Department of Health and Human Services (HHS) has recommended the re-scheduling of marijuana as a lower-risk drug.
Keep in mind despite the last month's rally, shares of Canopy stocks are still down more than 51% over the past year and down more than 96% over the past 5 years.
Sources:
https://www.proactiveinvestors.com/co...
https://www.morningstar.ca/ca/report/...
https://www.msn.com/en-us/news/us/hhs...
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Sources:
https://www.proactiveinvestors.com/co...
https://www.morningstar.ca/ca/report/...
https://www.msn.com/en-us/news/us/hhs...
🔗 Will you consider investing in weed stocks or are afraid your money will blow up in smoke? Let us know in the comments?
#weedstocks #canopygrowth #investingforbeginners #stockmarket #dividendincome #investing #canadianinvestor
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