Canopy Growth Corporation(NASDAQ:CGC): The cannabis industry witnessed solid growth last year on a legalization wave and increasing demand for innovative cannabis products. But while the industry is expected to maintain its momentum this year, some cannabis stocks are trading at lofty valuations despite their companies’ relatively weak growth prospects. So, we think overvalued cannabis stocks Canopy Growth (CGC), Cresco (CRLBF), Aurora Cannabis (ACB), and Sundial (SNDL) are best avoided now. Read on.