What Every Investor Should Know About Canopy Right Now

Canopy Growth disappointed investors with its quarterly earnings. In fact, investors were so "disappointed" by this one report they sent the entire cannabis sector tumbling. That's the thing: Canopy's results mean essentially nothing at all for American marijuana companies - nothing for any company outside Canada, in fact. It's no different than if, say, California-based PG&E shares tanked because Consolidated Edison had a power failure in New York City. But we're still in the early stages of legal cannabis' explosive growth potential. Canopy led the sector down because investors are expecting results yesterday. And the results can be longer in coming than short-sighted investors might like. So before you run out and sell all your Canopy shares, you need to see what I'm about to show you... Tags: earnings To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What Every Investor Should Know About Canopy Right Now appeared first on Money Morning - We Make Investing Profitable .