‘Sizable Amounts Of Short Covering’ In Canopy Growth

Posted by Wayne Duggan

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Canopy Growth Corp CGC 0.27%, one of the hottest stocks in the market so far in 2019, got yet another boost Thursday when the company announced celebrity Martha Stewart would be joining the company to advise on the development of marijuana products for humans and pets.

In addition to the good fundamental news, financial technology and analytics firm S3 Partners analyst Ihor Dusaniwsky said Thursday he is seeing signs of a potential short squeeze ahead that could propel Canopy stock…Click here for full article.