HomeLifestyleMarijuanaCanopy Growth’s (CGC) Debt Deal With Constellation (STZ)
Canopy Growth’s (CGC) Debt Deal With Constellation (STZ)

Canopy Growth (CGC) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the Canadian Cannabis producer with Caroline Woods. Jenny and Caroline break down an agreement announced today that allows Canopy Growth (CGC) to convert debt into stock in a deal with Constellation Brands (STZ). Caroline points out that Piper Sandler also adjusted CGC to $3 from $4. Finally, Alex demonstrates a Buy Call Vertical example trade using Canopy Growth (CGC).

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