Morning Dip Seems to be getting Bought out ?Color me "not surprised" Canopy Growth was the poster-child of Cannabis Legalization back in 2017 (+/-) and was one of the biggest movers when Biden took office in 2020. Feel free to check over the historical charts to see the trend patterns for those time-frames.
With the Cannabis de-scheduling letter now being disclosed by the US Fed I see more interest coming back to the sector and I am speculating that the former Poster-Child Stock will be one of the earlier break-out stocks that moves the best.
When you might ask and how high ? Well here's the reality we all need to live with
-> The Market Sets the Price
-> The Market also sets the Schedule.
Sooner than later would be appreciated but I would suggest anyone speculating along similar lines to be extremely patient.
GLTA