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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

Comment by quinlashon Mar 20, 2024 12:32pm
116 Views
Post# 35943042

RE:It takes years to change laws and its already been 50yr

RE:It takes years to change laws and its already been 50yrI am taking into account the 88% of US States that already legalized to one degree or another.  I believe we have 3 more states with pending votes to also legalize.  Eventually we will see virtually all 50 states with legal Cannabis.

What will the US Federal Government do then?  I see them as having little to no choice but to legalize Cannabis on the Federal Level -> Majority Rules.

I believe the US Fed already know this and the reason why legalization hasn't taken place as of yet is due to the election.  With Harris coming out to support re-scheduleing I believe this is all optics for the Dems and a means to win votes for the election despite the reality being that Cannabis will have to be legalized Federally regardless of who is in office -> Again due to Majority Rules.

Legalization addresses serveral points of concern within the US:

- Money needed to address nation debt. This will come from direct sales tax on Cannabis but also through income tax on the additional folks who will get work within the industry

- Additional Job Creation.  This will include everything for low-skill workers to high technical skilled individuals.  

- Reduction in Crime.   This ties to both on-going Blackmarket sales being reduced but also to crime associated with current Cannabis stores having to deal with only cash and being held-up and robbed.  I believe we already seen a loss of life in one of these events and the US Fed will not want fingers being pointed at them for continuing to delay Federal legalization


That's 3 points, there are more but I don't have the time to write them all up.  I would suggest using Google to search out "Benefits to legalize cannabis" or "why should cannabis be legal" to learn more.

Best Regards,

Q






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