What should we expect from Canopy?

Canopy Growth (CGC - Get Report) is scheduled to report its third-quarter results on Thursday, with analysts expecting a loss of 13 cents a share, a year after the company surprised Wall Street by reporting a profit of 1 cent a share when analysts were looking for a loss of 4 cents, reported TheStreet's Tony Owusu. 

Related: Cannabis Stocks Are Getting Their Second Wind

Cramer pointed out that Canopy Growth CEO Bruce Linton is looking to make cannabis-infused beverages and may even beat PepsiCo (PEP - Get Report) and Coca-Cola (KO - Get Report) to market with a cannabis-infused soda and other beverages. 

Watch Jim Cramer's Daily NYSE Show and Replays Below