Canopy Growth's smoking engine won't necessarily ensure smooth sailing for Constellation.
Analysts have noted that the weed leader's momentum is set to burn higher moving forward.
I'm strategizing a risk reversal here using a put sale to fund a long-side play.
Even formerly bearish analysts are changing their tune as the risks appear to be fully baked in at this point.
A number of analysts maintain the beer and wine giant's valuation is even more attractive for long-term investors thanks to a sharp decline in its shares.
Enough of the ugliness stems from the investment that the firm made last year in Canopy Growth.
Canopy Growth climbs after Piper Jaffray analyst Michael Lavery initiate coverage on the Canadian cannabis company.
Oil, cannabis and Sears are three of the top stories on TheStreet.
Canadian marijuna manufacturer anticipating revenue of between C$50 million and C$55 million for its fiscal second quarter.