Cannabis company Canopy Growth stock drops after $30M private placement at a discount price

 Cannabis company Canopy Growth stock drops after $30M private placement at a discount price

Canopy Growth Corp.s stock
CGC,
-9.42%
WEED,
+5.64%
was down 13% to $4.45 a share in premarket trading on Tuesday after the company said it agreed to sell $30 million in units in a private p…