Canopy Growth: Is There Any Hope Left for This Beaten-Down Stock?

To say that cannabis producer Canopy Growth (NASDAQ: CGC) has been an underwhelming buy in recent years would be a massive understatement. The Canadian-based cannabis company has been in an endless free fall. Five years ago, the company's market cap was around $14 billion. Today, however, it's worth less than $500 million.For investors who have bought the dip on Canopy Growth amid its tailspin, they've been rewarded with significant losses. And it begs the question of whether there is any viable reason to invest in this once-promising growth stock today?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool