Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining 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 range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.

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Canopy Growth Corp

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Comment by Leafs420on Mar 02, 2017 8:34am

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Post# 25917723

RE:RE:McLellan: Government wants legalization running...

Could be... but she says she wants legalization in place no later than 6 months... doesnt mean it has to go right down to the wire. It could still be anytime before, even 6 months from now.

ChacenAces wrote: While it's 100% great news as far as I'm concerned I can't help but wonder if this is why the market dropped yesterday as opposed to the US Trump mj issue.

While the Anne Mclellan did say the government wants recreational use sooner than later it also states it will be no later than 6 months BEFORE the next election which could put it off to 2019.

The next election is scheduled for October 21, 2019 unless Trudeau calls it earlier.

Ommmmmm wrote:
...“no later than 6 months before the next election”

https://news.lift.co/mclellan-government-wants-legalization-running-no-later-6-months-next-election/

Mclellan told attendees to expect legislation earlier than later, and that the government wants legalization in place “no later than six months before the next election”.

Key points from the meeting are below.

Expect the legislation earlier rather than later. Spring window is April-June. McLellan was confident it would be on the early end of this window.

Government wants legalization/adult-use running “no later than 6 months before the next election.”

“Regulation is the hard part, not the legislation.”

Normal track for all this could take 18-24 months.

US does not impact what’s happening in Canada (unless they wants to make problems). There are certainly some concerns with what the feds will do south of the border, but McLellan was quite clear that it should make no impact on our goal of legalizing and restricting access.

Clarity on advertising restrictions. McLellan reiterated the Task Force’s recommendation of plain packaging, but then went on to say that in-store advertising is allowed.

Licensed Producers will be the legal producers in a recreational market.

Provinces want the Federal Government to handle production regulation. But they want to take the reigns around distribution and retail.

Most contentious issue will be around driving under the influence. McLellan expects this to be the single largest hurdle for legalization. A recent study suggests “Oral measurement of THC intoxication level is not feasible.”

“We are at the beginning of a whole new experiment” – Anne McLellan