Canopy Growth Corp (WEED)

[Carpathian]

Well the U.S. has mid term elections this NOV and a good number of states are voting on legalization of some form. Recreational or medicinal. I understand this is a Canadian company but markets are often influenced by world happenings as these are indicators of sentiment and growth. We are a global economy.
The idea of coarse is if enough issues arrive from state legalization the federal gov must act and create rules and regulations for the sector. In-effect forcing MJ to be reschedule.

The Can gov has export and import rules in place and once the U.S. can do the same you will see a largely positive market reaction. Frankly, of all the MJ plays available, the Canadian market has the safest ones. OTC are inherently dangerous even if you find a good company.