Canopy Growth Corp (WEED)

[Young_Wild_and_Free]

What’s interesting here is that the standard wisdom of “Buy on rumor, sell on news,” is being reversed for CGC right now. The news of the earnings release led to a higher price. The news of a Biden administration is leading to a higher price. What’s happening is new support for a higher floor under CGC. Rumor and fact may return to their traditional motives, but definitely from a higher point on a long term upward curve in value. Go CGC!