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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Bullboard Posts
Post by investortedon Jun 03, 2018 3:43pm
200 Views
Post# 28117554

All eyes are on Canada this coming week as the Senate

All eyes are on Canada this coming week as the Senatehttps://torontosun.com/cannabis/cannabis-news/bill-c-45/high-time-senate-to-finally-vote-on-legalizing-recreational-weed-in-canada
 
All eyes are on Canada this coming week as the Senate get set to finally vote on the Cannabis Act after 14 months of discussion, debate, and passing or defeating amendments.
If the bill to make recreational pot legal is passed by the Senators on Thursday, it moves back to the House of Commons (and could even come back to the Senate) before eventual hand-off for royal ascent to become law.
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This means the provinces likely won’t start selling legal recreational weed to consumers for another 10-14 weeks as regulatory rules by the government are fine-tuned.
That slow progress is just as it should be according to Ontario independent Senator Tony Dean who is the sponsor of Bill C-45.
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 “It could be the last week of August — it could be the beginning or mid-September,” Dean said of the availability of recreational pot.
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“From where I sit, and I’m the sponsor of the bill, if it takes until the first week of October to get it all right, then we should take until the first week of October,” he said. “Canada will be the second or third jurisdiction globally (after Uruguay and Portugal, the latter which has decriminalized all drugs) to legalize recreational cannabis.”
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“So we’re not the first but I think we will be the most cautious. So the world is watching Canada but I think Canada is seen as a pretty cautious follower of big trends where we’re not exactly considered a country that, in policy terms, takes big risks,” Dean added.
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