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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

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.


TSX:WEED - Post by User

Bullboard Posts
Comment by enjunioron Sep 24, 2019 4:28pm
183 Views
Post# 30160591

RE:RE:RE:Very surprised!

RE:RE:RE:Very surprised!Not gonna pass. Would be nice to see but unfortunately....
While it is true that this bi-partisan legislation has enough legs to make it out of the House – the Republican support for this thing is as significant as we've ever seen in Congress for a pot-related measure – there is still too much that stands in the way of it actually coming to pass. The main roadblock is Senate Majority Leader Mitch McConnell. The gatekeeper to the upper chamber still hasn't given any indication that he will support legislation that deals with marijuana. What's more, is the self-proclaimed Grim Reaper of Capitol Hill has made it abundantly clear over the past nine months or so that he isn't interested in furthering the Democrat's agenda.
The SAFE Banking Bill, while bipartisan by design, is still dominated by Democratic ideas. There are 180 Democrats signed on as co-sponsors and only 26 Republicans. That’s hardly enough Republican support in the House to convince McConnell to swallow his pride and just go with the flow.
In a recent article from Politico, a veteran lobbyist said, "I would be shocked if Sen. McConnell wanted to spend a single second of floor time on weed." It just doesn't appear likely that McConnell would, especially since his feud with Democrats just keeps getting deeper. There simply isn't any motivation for him to get behind this thing, but his support is integral for it to have a chance at becoming law. So, once again, the SAFE Banking Act will probably get its vote this week in the House, but the Senate is not about to hear it. And that means we will not likely see a time before the end of 2019 where the bill is on President Trump's desk waiting for a signature.


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