Americans are good at detecting what I would term bovine scatology. So, I think it’s unnecessary to add to the long pile of it when it comes to cannabis operator Canopy Growth (CGC). It may be a fine enterprise as it attempts to write a comeback narrative. However, the rise in CGC stock – and its underlying options market activity – is likely not based on its robust financials.
No, this is all about politics. To say otherwise goes against some weighty data.
