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Canopy Growth Is Poised to Explode to the Upside

Bruce Kamich

In this daily bar chart of CGC, below, we can see that prices are up five-fold over the past 12 months. CGC was trading at $10 back last October and now is trading around $50 with spikes above $55 last month. CGC is currently above the rising 50-day moving average line and the bullish 200-day line.