Canopy Growth shares are trading lower as cannabis stocks pull back following recent strength.
Portfolio Pulse from Benzinga Newsdesk
Shares of Canopy Growth are trading lower as the cannabis sector experiences a pullback following recent gains.
September 07, 2023 | 4:21 pm
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Canopy Growth's stock price is falling due to a broader pullback in the cannabis sector.
The stock price of Canopy Growth is directly impacted by the overall performance of the cannabis sector. As the sector is experiencing a pullback, it's likely that Canopy Growth's stock price will also decrease in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100