Canopy Growth Stock Is Down More Than 50% From Its 52-Week High: Is Now the Time to Buy?

·5 min read
Canopy Growth Stock Is Down More Than 50% From Its 52-Week High: Is Now the Time to Buy?

Canopy Growth (NASDAQ: CGC) released its fiscal 2020 third-quarter earnings report on Feb. 9. There's one more reason why investors may be willing to pay more of a premium for this company than they are for its peers: its ambitious goals.