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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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

Post by Newbie420on Feb 10, 2022 8:43pm
198 Views
Post# 34418812

Letter from Schumer to senators

Letter from Schumer to senators
Dear Colleagues:

Supreme Court Justice Louis Brandeis once famously said that the states are Americas laboratories of democracy. When it comes to reforming the nations antiquated cannabis laws, he could not have been more right.

Since 2010, 37 states have legalized medical use of cannabis and 18 states have legalized both medical and adult use. This includes a wide cross section of states governed by both Republicans and Democrats. States that are very different than ours, like Alaska, Montana, Arizona, and others have followed Colorado, Washington, and Oregon in reforming their outdated cannabis laws. Even voters in a state as conservative as South Dakota have demonstrated their support for legalization. This is an issue of individual freedom and basic fairness that clearly transcends party lines. However, one major hurdle continues to stand in the way of states ability to make their own decisions about cannabis the continued prohibition of marijuana at the federal level.

As more and more states move to legalize cannabis for both adult and medical use, the federal government has an important role to play. Hundreds of millions of Americans live in states that have legalized cannabis in some form while it remains illegal at the federal level. This discrepancy leads to confusion and uncertainty and raises significant questions around criminal justice reform, economic development and small business growth, and public health and safety, all of which we believe require some type of federal answer. That is why the three of us introduced a comprehensive cannabis reform framework in the form of a discussion draft of the Cannabis Administration and Opportunity Act (CAOA) last year. This bill aims to right the wrongs of the past and ensure that the federal government is matching the advancements made in states across the country.

This issue, which we believe the Senate is long overdue in addressing, has implications across many areas of American politics and policy. Following the release of the CAOA discussion draft, we received over 1,800 comments from a broad array of stakeholders, many with substantive and detailed policy recommendations. In the weeks ahead, we will continue the work of incorporating these comments as we aim to introduce legislation soon that is as comprehensive and as reflective of as many relevant views and voices as possible.

We write today to invite you into the drafting process as we work to finalize this legislation. In order to appropriately address such a nuanced issue, we respectfully request the input, advice and guidance of Chairs and Ranking Members of relevant committees as well as senators who have dealt with the challenges and realities of legalization in their own states. We would deeply appreciate your willingness to share your expertise on the intersections between your committees jurisdictions, your states experiences, and comprehensive cannabis reform and invite you to join the process of perfecting this legislation.

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