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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > My take
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Post by Pinogrigs on Jul 15, 2021 8:48am

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.   
Comment by Freelancer779 on Jul 15, 2021 9:55am
Decriminalization is very different marijuana can't cross state lines or borders under Decriminalization 
Comment by Pinogrigs on Jul 15, 2021 11:46am
I think you should read the bill first before making statements ,  the bill provides specific guidance for  transportation across state lines !   Whereas if you had a state that didn't allow cannabis the federal law would allow for transportation through the state,   And yes ,   Decriminalize would allow Canopy to enter the US through its deal with Acreage ,   Did ...more  
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