The price of CGC is predicted to go up 71.6%, based on the high correlation periods with ADAP. The similarity of these two price pattern on the periods is 94.59%.
CGC
ADAP
Canopy Growth's plans to create Canopy USA to strengthen its competitive position before U.S. federal legalization.
Canopy's non-THC assets provide diversification and growth that help offset the still-growing and unprofitable cannabis business.
Canopy will be able to slash its costs and focus its business, so profitability can be reached sooner than our forecast of 2026.