Canopy Growth (NASDAQ:CGC) experienced a severe sell-off, as it currently trades at the very bottom of its 52-week range. It's almost near the bottom on shorter time spans, including the 50-day range. The stock is currently down -74.62%, severely underperforming the S&P 500 with a loss of -18.25%. The stock's dramatic haircut has left some investors wondering if it's time to invest in the stock or not due to its historically low valuation. MarketBeat recently reported on the views of analysts who cover this stock, and for the short-term, the company is expected to incur a $0.64 per share loss as the consensus forecast. But there are some bulls who are holding out for this stock's recovery as we explore the pros and cons of this cannabis stock.
