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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

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Post by BrokerG on Apr 24, 2024 2:58pm

DEA

Hello All,

I have been trying to figure out what is taking the DEA so long to provide their recommendation and I have come up with a theory.

Do you think the DEA was going to to announce that they would NOT reschedule to Level 3, originally, but politics came into play. In other words, the Biden administration stepped in and told DOJ that they do not agree with that recommendation and for them to re- analyze their opinion? Could that happen?

The only other reason they would delay is for politcal impact. However given the US election is less than 6 months away why would they not announce before the electorate view it as a political toy.
Comment by quinlash on Apr 24, 2024 6:37pm
They likely had it figured out for awhile now.  Official announcement is likely tied to the election and how they will best use the news to win votes. These are the times when having a lazy boy recliner plays to your advantage.
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