Post spin-off, Canopy Growth would have enhanced liquidity and capitalization to pursue growth opportunities in the fast-growth cannabis market. Accordingly, further details related to spin-off including timelines is expected to be available once management has finalized the spin-off option. In October 2018, Canada had legalized recreational pot, which puts market leader Canopy Growth in a favorable position to benefit from the potential exponential demand growth. In our opinion, as Canopy Growth transitions towards a pure-play integrated pot producer, the re-rating on the stock could offer substantial value-creation opportunities. Company DescriptionCanopy Growth Corporation (Parent)Incorporated in 2009 and headquartered in Ontario, Canada, Canopy Growth Corp (CGC), is a multi-brand cannabis company.

Source: Forbes February 26, 2019 15:56 UTC