The cgc stock price chart shows a 3% rebound from last week's low of $2. Although the video itself does not signal an immediate policy change, it adds fresh fuel to investor optimism regarding cannabis legalization — a topic that has long been stuck in regulatory deadlock. Any move to legalize marijuana at the federal level could help revive an industry that is expected to surpass the $160 billion mark by 2032. Investors have viewed these developments as a sign that cannabis reform, particularly in the medical segment, may finally gain political momentum. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Market analysts observing cgc stock price point to a potential bullish crossover in the 10-day and 20-day moving averages. This often precedes short-term rallies if supported by improving demand data in cannabis retail.
