GREY:ISOLF - Post by User
Post by
Kevelleon Aug 05, 2018 2:45am
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Post# 28415947
"much more opportunity with companies with lower valuations"
"much more opportunity with companies with lower valuations" When Canopy Growth Corporation was first listed on the TSX Venture Exchange in April 2014, long before there was any prospect of the recreational legalization of weed, its stock was trading at a mere $2.59. It was only in November 2016, when legalization was officially announced, that Canopy’s stock started to pick up steam. At its height, Canopy stock was trading at over $44 per share — it now hovers in the $33 – $35 range, more than 10 times the value it was in 2014.
Other big cannabis companies like Aurora Cannabis, Aphria Inc. and Cronos Group observed a similar growth trajectory, seeing their stocks burgeon in value over the short span of two years.
For early investors of pot stocks, their returns are more th...https://wordpress.com/2018/08/05/do-i-need-to-own-the-most-expensive-cannabis-stock/