Marijuana Stock Canopy Growth Is Downgraded. There Is ‘Just Modest Upside.’

Canadian marijuana stocks including Canopy Growth got hammered in last week’s selloff. Now one analyst sees less upside.

The back story. Canopy Growth stock (ticker: CGC) has had a bad year and it may not get much better. The stock is down nearly 28% in 2019, and 66% in the trailing one-year period.

Last week, cannabis stocks fell after…