CANNAINVESTOR Magazine December / January 2016 - Page 122

The chart below represents the six month 20-day moving average for the Canopy Growth Corporation (TSE:CGC, OTC:TWMJF). Although open to debate, this is considered by many as a key metric for identifying trends. The chart terminates at November 30, 2016 and the reason will be explained in the case study. Without doubt, there is an overall upward trend and all things being equal there is little to suspect otherwise. Key metrics as at November 30.

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