Why Canopy Growth Is Trading Higher Today

Canopy Growth Corp (NASDAQ: CGC) is trading higher Tuesday morning following an upgrade from MKM Partners.

What Happened: MKM Partners analyst Bill Kirk upgraded Canopy Growth from Neutral to Buy and announced a CA$55 ($45.70) price target.

On May 20, Canopy Growth announced that it appointed Martha Stewart as the company’s official strategic advisor.

“Canopy Growth is committed to providing consumers with trusted CBD products with quality ingredients, and Martha Stewart has been a champion of our commitment since the …

Full story available on Benzinga.com

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