NEW: Canopy Growth ( @CanopyGrowth) CEO David Klein expects to be operating in the U.S. by the end of the year with the U.S. likely to pass bills that would make cannabis federally legal. My latest for @BNNBloomberg https://www.bnnbloomberg.ca/canopy-growth-confident-it-will-enter-u-s-market-within-a-year-ceo-1.1545700 $CGC $WEED.CA
In addition to the company's ambitious U.S. plans, @CanopyGrowth's CEO says the company is working "closer than ever" with main backer Constellation Brands and sees a future cash infusion to help it better compete in the U.S. https://www.bnnbloomberg.ca/canopy-growth-confident-it-will-enter-u-s-market-within-a-year-ceo-1.1545700
One tiny detail that I didn't include in this story is that Canopy is one of the biggest cannabis industry lobbyists on Capitol Hill, spending about US$400,000 last year alone on lobbying. So, they may have an idea of what's coming down the pipe.