Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Rotalucepson May 13, 2022 4:08pm
138 Views
Post# 34682859

RE:Safe banking act

RE:Safe banking act
datrix wrote: Does anyone know when the safebanking act and America competes is being voted on ? Tks


Marijuana is now legal according to state law in 18 states and the District of Columbia, but remains illegal according to federal law. Two bills are working their way through Congress but face an uphill battle in the Senate.
Senate Majority Leader Charles Schumer, a Democrat from New York, has pushed back consideration of his long awaited marijuana legalization bill, saying that it will get to the floor before the August recess but not later this month as originally planned.
The Cannabis Administration and Opportunity Act is being worked on by Schumer, New Jersey Senator Cory Booker and Oregon Senator Ron Wyden.
The bill will remove marijuana from the Federal Controlled Substance Act, leaving it to the states to decide the drug’s legality. It also plans to address past convictions, implement taxes and regulation, among other issues.
 
Schumer has been promising action on the legalization of marijuana since last year when on April 20, the unofficial holiday of cannabis, he stated on the Senate floor, “Hopefully the next time this unofficial holiday 4/20 rolls around, our country will have made progress in addressing the massive over-criminalization of marijuana in a meaningful and comprehensive way.”
 Marijuana, Lucas Fonseca via Pexels - Sputnik International, 1920, 05.04.2022
Marijuana 'Gifting' Businesses Remain Operational After Legislation Fails in DC Council
Progress has certainly been made on the issue of legalization since then, just not in the Senate. New York, Virginia, New Mexico and Connecticut joined the ranks of states where marijuana is legal by state law and in May of last year, the House of Representatives passed their own marijuana legalization bill, the Marijuana Opportunity Reinvestment and Expungement Act, but the Senate never put it up for a vote. The House passed the bill again this year on April 1 with the hope that the Senate would act on it this time.
Booker does not think the House bill could pass the Senate, according to Rollcall, and believes the bill he is helping craft with Schumer and Wyden is a better bet.
Either bill faces an uphill climb. Democrats hold 50 seats in the Senate but will require 60 votes to break a likely Republican filibuster, and it is not clear if Schumer has gotten the entirety of his party on board, much less ten additional Republicans.
Both Senator Jeanne Shaheen of New Hampshire and Jon Tester of Montana indicated as recently as last year that they oppose legalization. Joe Manchin of West Virginia, Kyrsten Sinema of Arizona, Bob Casey of Pennsylvania and Mark Kelly of Arizona have all indicated that they are undecided on the issue of federal legalization.
Cannabis - Sputnik International, 1920, 02.04.2022
Cannabis Bong Smoking Generates More Fine Particulate Matter Than Cigarette, Study Shows
Schumer will likely have to convince them along with 10 Republicans to vote for his bill. He may be able to find support with libertarian leaning Republicans like Rand Paul of Kentucky and Cynthia Lummis of Wyoming, but that may require the removal of the restorative justice and racial equity aspects of the bill. Restorative justice in any marijuana reform bill is an important issue for Booker, who pledged earlier this year to prevent the passage of a marijuana banking bill if the Senate does not address restorative justice issues such as allowing those with past marijuana convictions to open marijuana dispensaries.
Beyond that, President Biden may also present an obstacle, as he stated during the campaign that he supported decriminalization of cannabis but not full legalization. However, with Joe Biden’s plummeting poll numbers, particularly among young voters, vetoing a marijuana legalization bill will likely sink his party’s chances in the November midterm election.

<< Previous
Bullboard Posts
Next >>