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Canopy Growth: Downward Spiral

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  • Canopy Growth Corporation remains in a downward spiral as revenues plunge causing the Canadian cannabis company to start another restructuring.
  • The company reported another horrible adjusted EBITDA loss.
  • The stock is expensive compared to the cannabis space and should be sold at all price levels.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
The Canadian cannabis space continues to destroy shareholder wealth with the horrible results from industry leader Canopy Growth Corporation (NASDAQ:CGC). The company appears to have completely abandoned past plans and embarked on a

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

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