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What to Watch for When Canopy Growth Reports According to Jim Cramer

Here's what Jim Cramer's watching for when Canopy Growth reports after the bell Thursday.

What should we expect from Canopy?

Canopy Growth (CGC) - Get Canopy Growth Corporation 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. 

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

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