Cgc stock price market analysts observing cgc stock

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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. Beer shipments fell by 3% from last year, while wine and spirits were off by 30.4% because of the company’s sale of its Svedka vodka brand to Sazerac, which makes Fireball and Southern Comfort. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . Technical traders highlight an RSI reading of 48, suggesting neither overbought nor oversold conditions, making range-trading strategies viable.

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