:"At a certain point, Canopy Growth has got to be worth something because it's got that terrific backer in Constellation Brands. It's got a good CEO. There was so much damage done before this, I would not sell that stock here. It could go to $5, I know. But at a certain point, there's going to be consolidation.":"[CEO] Jeff Green is terrific.
This is a high price to earnings multiple stock. Remember what I say: They've got to be inexpensive companies that return capital [to shareholders], that make things, and Jeff has got a good company but it's 84 times earnings, and the market is not buying it. It's got to go lower."for the CNBC Investing Club to follow Jim Cramer's every move in the market.
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