Indopedia All Things Marijuana
In reaction to the troubling news yesterday that U.S. Attorney General Jeff Sessions is rescinding federal marijuana protections, Canadian licensed producers are distancing themselves from any hint of American business.
On Friday morning, Canopy Growth Corporation issued a press release reminding its Canadian and international investors that the cultivator only conducts business where they are welcome.
“Canopy Growth Corporation wishes to reiterate its commitment to only conducting business in jurisdictions where that conduct is federally legal,” said the company. “Conducting activities which are federally illegal, or investing in companies which do, exposes the company to increased risk of prosecution.”
Although Canopy expressed its views in no uncertain terms, they did take the time to point out its executives do not see eye to eye with the Attorney General’s decision. The company added that the policy change in America will only benefit Canadian marijuana producers because it keeps the U.S. out of the international cannabis landscape.
“We want to make our position as clear as possible,” said founder and CEO Bruce Linton. “While Canopy does not…
