What's Going On With Canopy Growth Stock Tuesday?
Portfolio Pulse from Erica Kollmann
Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher on heavy volume, with over 28 million shares traded, surpassing the 100-day average of 13.1 million shares. The increase in interest is due to potential political and legislative changes in the cannabis market. Senate Majority Leader Chuck Schumer stated that passing a marijuana banking bill is a goal of the upcoming summer work session. Canopy Growth is also an exhibitor at the Opal Group's Family Office & Private Wealth Management Forum 2023.
July 11, 2023 | 3:05 pm
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Canopy Growth Corporation's stock is trading higher due to potential political and legislative changes in the cannabis market. The company is also participating in the Opal Group's Family Office & Private Wealth Management Forum 2023.
The stock price of Canopy Growth Corporation is rising due to increased trading volume and potential political and legislative changes in the cannabis market. The company's participation in the Opal Group's Family Office & Private Wealth Management Forum 2023 also adds to its visibility and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100