|Bid||7.47 x 0|
|Ask||7.51 x 0|
|Day's Range||7.44 - 7.59|
|52 Week Range||5.82 - 16.68|
|Beta (5Y Monthly)||1.84|
|PE Ratio (TTM)||3.84|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.44|
Both of these Canadian pot stocks are losers so far in 2020, but one seems better positioned to return to the winners' column.
Promises of expanded capacity, international exports, and acquisitions often proved more than enough to send cannabis stock valuations into the stratosphere. Over the past 16 months, the pot industry has hit one heck of a speed bump, and the vast majority of cannabis stocks have lost a significant amount of their value. What's more, we've seen three of the hottest trends within the marijuana industry completely fizzle out, at least for now.
Canopy Growth CEO David Klein joins Yahoo Finance's Zack Guzman to discuss the company's latest earnings results and the role cannabis is playing in U.S. economic recovery.