Where Will Canopy Growth Be in 1 Year?
Canopy Growth (NASDAQ: CGC) was once the king of marijuana producers in Canada. However, the company has recently fallen on hard times. Over the past six months, its stock has fallen by 42% -- with no end in sight.
Even after the sell-off, the stock is still ridiculously expensive at 12 times revenue. That's not good, considering investors are getting wary about the company's ability to turn a profit. So can Canopy Growth stage a turnaround by the end of next year?
Image source: Getty Images.
Source Fool.com


