Q: Can I please get an updated view on Canopy Growth Corp?
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Investment Q&A
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Q: Would appreciate your views on Canopy.
Q: Thanks for your useful answer. My info is that while legalization of pot in the US is not on the cards for the moment, a bill called the Safe Banking Act (in the US) is expected to pass in 2023 whose passage will allow institutional participation in the sector, which is something they cannot presently do, and a surge in purchases with significant associated price rises is anticipated as a result. This is some way out in front but the markets anticipate and I wondered how much of a hill Canopy for example had to climb, here or in the US.
- Organigram Holdings Inc. (OGI)
- Aphria Inc. (APHA)
- Supreme Cannabis Company Inc. (The) (FIRE)
- Aurora Cannabis Inc. (ACB)
- Tilray Brands Inc. (TLRY)
- Canopy Growth Corporation (CGC)
- HEXO Corp. (HEXO)
Q: I have put in approx $1000 in each of the 7 companies after yesterdays drop, do you see a potential for increase in the short term say 6 months to 1 year? Why is there so much interest in FIRE lately?
- Canopy Growth Corporation (CGC)
- Amplify Alternative Harvest ETF (MJ)
- AdvisorShares Pure Cannabis ETF (YOLO)
- AdvisorShares Pure US Cannabis ETF (MSOS)
Q: Hello,
With several US states and cities considering legalizing the use of marijuana in one form or another do you consider this a calculated growth opportunity for the next several years? If so, how would you recommend playing it, i.e. individual stock like CGC or an index like the list above. Please include any company or index you like that I have not listed. Would you rank you recommendations in or order. Thank you
With several US states and cities considering legalizing the use of marijuana in one form or another do you consider this a calculated growth opportunity for the next several years? If so, how would you recommend playing it, i.e. individual stock like CGC or an index like the list above. Please include any company or index you like that I have not listed. Would you rank you recommendations in or order. Thank you
- Canopy Growth Corporation (WEED)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Kirkland Lake Gold Ltd. (KL)
- Cronos Group Inc. (CRON)
- Canopy Growth Corporation (CGC)
- Kirkland Lake Gold Ltd. (KL)
- Shopify Inc. Class A Subordinate (SHOP)
Q: Is there any advantage or disadvantage if I buy any of above stocks to my registered accounts (TFSA,RRIF) on Canadian versus US stock exchange.
What is the better choice and why?
Andrew
What is the better choice and why?
Andrew