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Shares of Canopy Growth Corp. were cut down Wednesday, back into penny-stock territory, after the Canada-based cannabis company registered roughly 46 million shares for sale to the public.
The U.S.-listed stock CGC CA:WEED tumbled 15.3% to 87 cents, the first sub-$1 close since Sept. 8.
In an S-1 filing with the U.S. Securities and Exchange…
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