CGC Forecast + Trading Strategies



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











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Assets that tend to move strongly with CGC



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


GES Forecast + Options Trading Strategies   GES  Guess (0.97)


ASH Forecast + Options Trading Strategies   ASH  Ashland (0.96)


NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (0.95)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.95)



Uncorrelated Assets

Assets with little price relationship to CGC



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


APPN Forecast + Options Trading Strategies   APPN  Appian (0.01)


FCEL Forecast + Options Trading Strategies   FCEL  Fuelcell Energy (0.01)


IEMG Forecast + Options Trading Strategies   IEMG  BTC iShares Core MSCI Eme (-0.02)


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



Anticorrelated Assets

Assets that tend to move strongly against CGC



ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.9)


OUNZ Forecast + Options Trading Strategies   OUNZ  VanEck Merk Gold (-0.91)


OGE Forecast + Options Trading Strategies   OGE  Oge Energy (-0.92)


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


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









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