Canopy Growth (NASDAQ: CGC) has lost over 95% of its value since going public. Shares once worth over $560 are now worth just over $1. The company has a history of losing money and still hasn’t posted positive earnings after a decade. Recapping its balance sheet has led to shareholder dilution.

Canopy Growth is proceeding with its acquisition of MTL Cannabis despite financial struggles. The deal, a mix of cash and stock, will strengthen the company’s position in medical marijuana but adds strain to its balance sheet. There’s a possibility of Canopy Growth becoming profitable, but the risk profile is high, especially for conservative investors.

The Motley Fool Stock Advisor team did not include Canopy Growth in their list of top 10 stocks for investors. They have a history of picking stocks that produce high returns, such as Netflix and Nvidia. Stock Advisor’s total average return is 904%, much higher than the S&P 500. Join the community for investment insights and opportunities.

Read more at Yahoo Finance: Don’t Even Think About Buying Canopy Growth Stock Until You Read This Brutal Reality Check