Report
Nikolaas Faes

Canada’s Senate passes recreational cannabis law with strong majority

Yesterday, Canada’s Senate voted 56-30 in favour of the legislation of recreational cannabis but included amendments that the House of Commons will need to decide on before the law can be passed. We would expect that all will be wrapped up in the coming weeks which probably mean that recreational cannabis will be for sale in Canada by September/October.
Underlying
Canopy Growth Corporation

Canopy Growth is a licensed producer of medical marijuana in Canada. The principal activities of Co. are the production and sale of marijuana out of its facility in Smiths Falls, Ontario as regulated by the "Marijuana for Medical Purposes Regulations".

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Nikolaas Faes

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