September 19, 2024

Jefferies analyst sees Canopy Growth getting much less than it paid for retail stores it’s selling

 Jefferies analyst sees Canopy Growth getting much less than it paid for retail stores it’s selling

Jefferies analyst Owen Bennett said Wednesday that Canopy Growth Corp.’s
CGC,
+4.38%
WEED,
+4.24%
plan to divest 28 retail stores stands out as an example of the “wasted capital” by the cann…