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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 > Last post on safe in the NDAA today.
View:
Post by WestCoast78 on Oct 29, 2021 11:00am

Last post on safe in the NDAA today.

“Bottom line: The SAFE Banking Act is the best opportunity to enact some type of federal cannabis reform this term. By including the SAFE Banking Act in the final NDAA, we can safeguard our financial system, reduce the public safety risk in our communities, and help support Veteran and minority-owned businesses now,” he said, referring to the fact that his legislation most recently cleared the House as an amendment to the National Defense Authorization Act (NDAA).

“Enacting SAFE Banking is just the tip of the iceberg and it will help break the logjam and pave the way for broader, comprehensive cannabis reform and create a safer and more equitable industry,” Perlmutter said.

There are plenty of examples of congressional lawmakers who share that perspective, but others—particularly on the Senate side—have insisted on passing legalization first in order to ensure that social equity is prioritized.

For example, Schumer said last month that he and colleagues working to advance a federal marijuana legalization bill have an “agreement” that the body will not take up cannabis banking legislation until more comprehensive reform advances.

However, he said that he’s open to exploring an alternative way of advancing banking reform if lawmakers are able to incorporate social equity provisions of legalization—such as expungements for prior cannabis convictions—into the NDAA legislation that the chamber will be taking up soon.

 
Comment by OptGreen on Oct 29, 2021 2:52pm
Chucky and the rest of the 'collapse America first' crowd must need more time to figure out how to funnel the majority of the income generated from the industry into their slush fund...illegal aliens are going to chew through the green at $450large a head just for the illegal entry, they are going to need much more taxation and it is just getting tougher to find...they will just have to ...more  
Comment by YodaLayhehoo on Oct 29, 2021 9:18pm
I really doubt it passes the senate. I doubt they even look at it. However I'd guess that Schemer has a chance of compromising hit bill to a safe plus social equity. If he doesn't pass anything there's no way he's elected again. They shouldn't underestimate the voter pull cannabis has. It's just about the only issues that unites Dems and rep. I'd imagine if safe passes ...more  
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