CGC Price target: $12.00 per share! The general consensus from analysts outside of the realm of the big banks and Cannacord is that CGC is GROSSLY undervalued. Many credible sources peg its target price at $12/share which in retrospect, only 18 months ago was insanely cheap for CGC. As a matter of fact, ANYTHING under $20 was a steal.
All this is to say... those who stick around will be rewarded
This cheap stock will not last. The company however will last. The US will push forward either state by state or through rescheduling but one way or another, Canopy is going to be here for a long time to come.
DYODD
GLTA