4 Reasons to Sell Canopy Growth Stock After Its Q1 Earnings (and 2 Reasons to Buy)

4 Reasons to Sell Canopy Growth Stock After Its Q1 Earnings (and 2 Reasons to Buy)

A new fiscal year is underway for Canopy Growth (NYSE: CGC) -- one that will be full of work and transition, per the company's new CEO David Klein. In Q1, Canopy Growth's net revenue of 110.4 million Canadian dollars was up 22% year over year. Without stronger sales numbers, it may be difficult for growth investors to buy the stock.