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Is Canopy Growth a Buy for Its Pet CBD?

Is Canopy Growth a Buy for Its Pet CBD?

In a period when people are spending more time at home, they are also spending a lot more time with their pets. Earlier this year, Canopy Growth Corporation (NASDAQ: CGC) began offering CBD oils and soft chews that can help calm your pet's behavior and treat other health conditions. In January of this year, Canopy Animal Health, a subsidiary of Canopy Growth, announced that the company was furthering its partnership with Martha Stewart by launching a line of cannabidiol (CBD) products for pets.