The Canadian Company That Could Become the Google of Pot

The Canadian Company That Could Become the Google of Pot

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Business

University

Hard

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Canopy Growth Corporation has significantly outpaced its competitors due to a major investment from Constellation Brands, giving it a substantial cash advantage. The company is well-positioned in the Canadian cannabis market, with strong brand recognition that will benefit from the legalization of recreational cannabis. Despite high valuations, Canopy plans to leverage its resources for international expansion, particularly in the US market, pending legal changes. The company aims to capitalize on both recreational and medical cannabis opportunities globally.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential growth opportunities for Canopy in the international market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might changes in U.S. federal law impact Canopy's business strategy?

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