Is It Time to Dump Your Shares of Canopy Growth?​

One of the hardest things to do in life is to admit you are wrong. When it comes to investing, this often manifests itself in holding on to a stock position that has a huge paper loss in the hope that you'll get back to breakeven some day.If that's the position you find yourself in with Canopy Growth (NASDAQ: CGC), it might be time to dump your shares. Here's why.Canopy Growth's stock had been trading on the Toronto Stock Exchange for some time before it listed on the New York Stock Exchange in 2018. That was a fairly important time for marijuana stocks, because the sector was benefiting from investor enthusiasm as more and more regions legalized the use of the drug.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool