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Canopy Growth Stock: All-Time Low and Gloomy Outlook for 2025 (The Shareholder)

Canopy Growth Stock: All-Time Low and Gloomy Outlook for 2025 (The Shareholder)

Kulmbach (www.aktiencheck.de) – Canopy Growth stock analysis from “Der Aktionär”:

Michael Diertl from the investor magazine “Der Aktionär” takes the shares of Canopy Growth Corp. (ISIN: CA1380357048, WKN: A3E2FV, ticker symbol: 11L, Toronto Stock Exchange symbol: WEED, NASDAQ symbol: CGC) under the microscope in a current stock analysis.

Canopy Growth shares once again ended the past week in the red. Not only was it on the losing side for the fourth week in a row, but it even hit a new all-time low on Thursday. Even over the year, the performance will be anything but rosy.

The cannabis producer’s securities had lost around 45 percent since the beginning of the year – nothing will change much in the few remaining trading days. Given this number, it is hard to believe that, after a fabulous spring rally, it is now more than 200 percent higher than at the beginning of the year.

As has happened so often in the past, the Biden administration disappointed investors again this year. Because once again they managed to implement neither the SAFE Banking Act nor rescheduling in the USA.

There could be positive signals early in the new year, as the Drug Enforcement Administration (DEA) rescheduling hearing is scheduled for January. But under a Republican administration, which officially begins when Donald Trump takes office on January 20th, new cannabis laws are likely to be much less likely than they were during the Democrats’ term in office.

Like the last four years, which all ended with a significant loss for Canopy Growth, 2025 could also be bad for the cannabis sector. In addition to the fundamental and political data, this is also indicated by the fresh sell signal in the form of a new all-time low.

“The Shareholder” has already pointed out several times in the last few weeks that Canopy Growth is at risk of reaching a new all-time low. On Thursday the time had come.

Even in the new year, the share or the entire US cannabis sector will likely continue to have only one direction, according to Michael Diertl from “Der Aktionär” in a current stock analysis of Canopy Growth shares. Unless the Trump administration changes the law. (Analysis from December 27, 2024)

Please also note information on the obligation to disclose conflicts of interest within the meaning of Directive 2014/57/EU in accordance with relevant EU regulations at the following link. (December 27, 2024/ac/a/n)

Disclosure of possible conflicts of interest:

You can view possible conflicts of interest on the site of the creator/source of the analysis.