CGC/WEED: Dec 1, 2023 - Today's Closing PriceImpressive day on the market for shares in Canopy Growth. Volume far exceeded average with closing price on shares marking a nearly 11% gain over previous close.
Closing price edged up (and closed) over the recent consolidation range for the first time in a number of weeks and may be worth nothing as potential indicator on forward movements. I trust that this topic will be covered in more detail by those YouTube Channels that report on chart patterns, trends etc. One which is fairly reliable for this (in terms of doing reports) is PoW Group.
Notable News which may have contributed to today's movements:
- Canopy Growth Closes Deal on the Sale of BioSteel (Dec 1, 2023)
- Canopy Growth Launches new Gummy Edibles by Martha Steward (Nov 30, 2023)
- Florida State sees 70% Support for Cannabis Legalization (Nov 30, 2023)
Enjoy your weekend.
Best Regards,
Q