5 Canadian Cannabis Companies That Are Positioned To Capitalize On Cannabis Reform In The US - Technical420

After New York passed legislation to legalize recreational cannabis, we believe the government will prioritize legalization or decriminalization at the Federal level. New York is the 15th state to legalize recreational cannabis and we are bullish on the trend that we are seeing at the state level. Following New Yorks move to legalize recreational cannabis, Senate Majority Leader Chuck Schumer said that a bill to federally legalize cannabis will be introduced imminently in the Senate. Once legal cannabis legislation is approved in the US, we expect to see the largest green rush in the history of the industry. Currently, Canopy Growth and HEXO have strategic partnerships with large alcohol companies while Aphria owns a craft beer beverage company, Tilray owns a hemp product line, and Aurora Cannabis owns a cannabidiol (CBD) brand.