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In yesterday’s trading, cgc stock price closed up 0.8%, beating the cannabis sector average gain of 0.5%. Short interest remains elevated at 12%, offering potential for short squeeze scenarios. Compared to the Zacks Consensus Estimate of $47.91 million, the reported revenues represent a surprise of +8.81%. The EPS surprise was +6.67%. The Allegations: Robbins LLP is Investigating Allegations that Canopy Growth Corporation (CGC) Misled Investors Regarding its Cost Reduction Measures The cgc stock price forward-looking trend models suggest a possible climb toward $2.60 within three weeks, assuming positive quarterly updates and steady market volumes.
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