Canopy Growth Corp T.WEED

DEA isn't 100% final

[Tradinghands]

By time all systems are go your child will be a teenager! maybe next year 2025 might have it legalized for medical only but its not a done deal yet still a lot of red tape the same color of this stock heading lower as excitement fades to memories of the past and companies scramble for money as they keep burning through it.

It’s not clear when the change would take effect—the DEA’s proposal still needs approval from the White House’s Office of Management and Budget, according to the Associated Press. Beyond that, the proposal would then have to go through a public comment period before the DEA could publish the final rule.

There’s still a lot that can happen before the change takes effect. The public comment period could push the DEA to change course, Brett Schuman, a co-chair of the Goodwin law firm’s cannabis practice, told Forbes in an email. Additionally, the new policy “likely will be challenged by someone, somewhere in a lawsuit, and of course could be reversed depending on the outcome of the November 2024 election,” Schuman said.

Marijuana Will Shift To Lower Drug Class—Boosting Medical Marijuana, Reports Say (forbes.com)

[BrokerG]

I will let Q deal with Tradinghands but the Budget office is a rubber stamp. Should be done by June. Public comments are 60-90 days. Of course there could be lawsuits but you could say that for any new industry or even product. The American people want Cannabis - 90% of Americans approve it for medical purposes and 70% for retail. So if Trump or anyone else tries to block it, they going against

[quinlash]

G, Appreciate the comment however I have no plans to be the sole fake FUD patrolman on this forum (or any other). Been a cannabis Bull since prior to Canada legalizing and came into cannabis investing with plans and strategy suitable for long haul investments.  The daytraders, swingtrades etc will all be long left behind before I am out of my final cannabis play Best Regards Q

[BrokerG]

Ok Q. So back to my question: Why is Canopy allowed to hide the identity of the 'single' investor of this subscription agreement? I mean what happened to transparency and governance. This has a material impact for investors and should be disclosed. Thoughts?

[quinlash]

The way I read the NR I seen that the details will be released AFTER the deal in finalized.  Agreements are sometimes announced without all of the details being put forward in the event that some of the terms, size of the deal, etc should change prior to it being signed-off. In reality Canopy likely could have not said anything about this until afterwards but instead they provided investors

[OptGreen]

It is a non issue G, but if you are interested and a SH. give them a call and get your answer? I have never had a problem so I assume a SH with concern, they will have to give you an honest answer, if not there is help. JMHO...Opt

[Coloradobuff]

FUD. Bet against this I dare you. It's all but a done deal. The only question is before the election or after. I think this schedule 3 really benefits mso's more so than lp's.