Canopy Growth Corp CGC

My thoughts on WEED

[NewStockHous]

A few random thoughts on why share price not going up:

- I think US legislation must still be passed by all chambers (and Republicans won't pass it)
- If marijuana is legalized in US, who is to say Canopy will be reaping the benefits?  Why wouldn't American companies be the big winners?
- It's very easy and cheap to grow marijuana, so why would people want to pay more at a store?
- Canopy hasn't succeeded yet in making money or really growing out, so why would that change in the future?

[quinlash]

Cannabis Legalization is bi-partisan, that means both parties are on-board.  The GoP is more concerned with loopholes being closed to keep out illegal operators and prevent money laundrying.  You can read up on that or review The Dales Reports interviews where GoP memebers were questioned on the subject With Cannabis legalizing in the US there will be many winners with the move.