CGC Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Canopy Growth could see an upswing from potential U.S. legalization, strategic partnerships, and diversified product launches, enhancing market access and profitability upside.




Bearish Case: Prolonged financial distress, high implied volatility, and ongoing competitive pressures raise the risk of further decline or insolvency, posing significant investor concern.




Potential Outcomes:
  • 50%: Continued financial struggles leading to insolvency or bankruptcy.
  • 30%: Financial recovery from strategic alliances and cost-cutting.
  • 20%: Acquisition or merger activity improving financial condition.




Trading Oracle: Opt for a bearish long volatility strategy given the high implied volatility and financial uncertainty.
Profit from buying OOTM put options and selling fewer further OOTM put options: Bearish Long Volatility Strategy. This leverages potential volatility spikes with high upside potential.



May 04, 2025


Canopy Growth Forecast

CGC        Canopy Growth











Correlated Assets

Assets that tend to move strongly with CGC



CRON Forecast + Options Trading Strategies   CRON  Cronos (0.97)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (0.97)


ASH Forecast + Options Trading Strategies   ASH  Ashland (0.96)


COTY Forecast + Options Trading Strategies   COTY  Coty (0.95)


TDW Forecast + Options Trading Strategies   TDW  Tidewater Inc. - New (0.94)



Uncorrelated Assets

Assets with little price relationship to CGC



MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (0.0)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (0.01)


APPN Forecast + Options Trading Strategies   APPN  Appian (0.01)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.02)


TTI Forecast + Options Trading Strategies   TTI  Tetra Technologies (0.02)



Anticorrelated Assets

Assets that tend to move strongly against CGC



BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (-0.88)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.88)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.89)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.93)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.95)









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