Given the possibility that the cannabis industry will clear regulatory hurdles in key growth markets, cannabis stocks have been trending higher. According to a Markets And Markets report, it’s estimated that the global cannabis market was worth $20.5 billion in FY2020, and by FY2026, the market size is expected to increase to $90.4 billion. Based on this growth outlook, cannabis stocks are likely to remain in the limelight. Specifically, one name stands out in the space: Canopy Growth Corporation (CGC). In the last six months, CGC has surged 56%.   Considering the potential growth triggers, it seems very likely that CGC stock will continue to remain in an uptrend.
https://www.tipranks.com/news/article/canopy-growth-several-potential-catalysts-make-growth-targets-achievable