Canopy Growth Faces Downside Risk if Uncertain MTL Deal Fails to Close, Analyst Warns
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Canopy Growth (CGC) faces downside risk if the uncertain MTL deal fails to close, as noted by an analyst. The completion of the MTL Arrangement is uncertain due to pending shareholder and regulatory approvals. If these conditions are not met, the acquisition may not close, potentially leading to a decline in CGC's share price. The average stock price target is $2.99, indicating a 171.82% upside potential, but current valuations may assume successful deal completion.
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