Canopy Growth (CGC), one of the world’s largest cannabis companies, is joining forces with Toronto-born rap star Drake to launch a brand-new line called More Life Growth Co.
And when these companies acquire celebrity endorsements or collaborations, you’ll see an enormous lift to the upside in their stocks.
For instance, what happened when Dwayne ‘The Rock’ Johnson paired with Under Armour (UAA) or Oprah Winfrey with Weight Watchers (WW)? These stocks were trading upwards within days of each announcement.
So, what does this collaboration mean for this “blue-chip” cannabis company?
Watch today’s video to hear my opinion on what’s in store [and what hiding in my options flow scanner] as we head into the end of 2019.
And if you’re interested in trading something a little different…