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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

Post by Pinogrigson Jul 15, 2021 8:48am
209 Views
Post# 33548207

My take

My take I don't think there was ever an expectation that Schumer was going to introduce a bill that federally legalized weed,   Decriminalization is the same as legalizion ,  Think about it ,   It's a play on words.  It's going to be a heavily regulated sector but it won't be federally illiegal which is the main issue preventing growth and expansion in the US.
Dont forget that Republicans have also filed separate bills for cannabis so that shows that there is bipartisan support on both sides of the aisle.   I believe that there is enough meat on the bones between the currently filed legislation to push it across the finish line.  Over 60% of Americans support cannabis reform so you cannot ignore that fact ,  it would be political suicide in my view.  As far as Biden's support goes ,  Schumer has gone to bat and worked extremely hard to support Joe's agenda so at the end of the day I suspect Joe will support legislation at the end of the day.   
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