Millennials are snapping up the world’s largest publicly traded marijuana company ahead of its earnings report (CGC)
Canopy Growth
- Canopy Growth, the world's largest marijuana company, is set to report earnings after the closing bell Tuesday.
- The stock has long been popular among millennials on Robinhood, and Tuesday was no exception.
- Follow CGC's stock price in real-time here.
Canopy Growth — the world's largest marijuana company and the first to trade on the New York Stock Exchange — has been a wildly popular stock among millennial investors, and heading into the Canadian company's firs- quarter earnings report, that enthusiasm was only growing.
More than 26,000 investors on the stock-trading app Robinhood , which skews much younger than traditional brokerages, held the stock as of Tuesday afternoon. That's a 179% increase in holders since the stock first appeared on Robinhood's "Top 100" list in June. It's now the 42nd most-popular stock on the app.See the rest of the story at Business Insider
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