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Business
Rashmi Kumari

Buy, Hold or Sell in July: Canopy Growth (CGC) and SNDL Inc. (SNDL)

SNDL CGC Canopy Growth SNDL Inc Steve Reitmeister Canopy Growth Corporation

While the cannabis industry is expanding, it faces several regulatory challenges. Therefore, I think fundamentally weak stocks SNDL Inc. (SNDL) and Canopy Growth Corporation (CGC) might be best avoided now.

The cannabis industry experienced a significant shift in 2022 as recreational and medical marijuana went legal in 39 states. The Medical Marijuana and Cannabidiol Research Expansion Act was signed into law by President Biden.

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