Head of Canopy thinks cannabis could be federally legal in the U.S. by 2022

Memorial Day Flag Leaf


State lawmakers have proposed cannabis legalization as a needed economic injection following the coronavirus pandemic. Should states continue to legalize, one cannabis executive believes the feds in the U.S. will soon be forced to end prohibition nationwide within the next couple years.

“My assumption is that 2022, for me, is the magic number,” Canopy Growth CEO David Klein told CNBC’s Jim Kramer. “I think, as you watch more and more states move to legalization for medical or rec, you really bring in almost two more senators each time who are really going to feel compelled to not make criminals out of the people in their state who are doing what’s legal in their particular state.”

Kramer had asked Klein whether or not state and local governments will leverage cannabis to uplift slashed budgets and down economies.

Read more from the source: TheGrowthOp.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.