Canopy Growth Corp (WEED)

[Bearly4theworm]

The house has put banking regulation in the last two COVID-19 relief bills. And it has then been removed in debates within the senate afterward.

If the house recommends the same COVID-19 Bill as before. i.e. the $1.9T dollar plan. The one that is currently being put forward. The banking changes will be included. And when the Dems push this around the filibuster. We will get canna-banking U.S. wide.

This is coming in the next 2-3 weeks.

As much as the talking heads online/TV say canopy is waiting for "legalization." and will not move FWD with the acreage deals before are just trying to keep the lid on this beast. Klein has been careful on his wording around this. But never once has he said CGC is waiting for legalization. But he did say they would be selling beverages in the U.S. this summer. I think he means at a larger than MSO scale. interstate commerce.

The wording is, "becomes federally permissible." Not federally legalized. I think that the triggering event is much closer than people think.

Constellation cannot afford to bring Canopy under corporate control above a share period average of $65 USD. So I see this all coming together more quickly than others expect.

Wouldn't want to be short or on the sidelines for the next month. Could get pretty wild.