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Canopy Growth CEO Says Farm Bill Passage is ‘First Step’ Toward U.S. Expansion

"The world’s changing: This is the first step in the U.S. to manage cannabinoids.”

Industrial Hemp Davido
Davido/Adobe Stock

The passage of the 2018 Farm Bill by Congress moves Canadian pot producer Canopy Growth one step closer to activity in the United States, the company’s chief executive told CNBC on Wednesday.

The “Farm Bill is the first step to active” involvement in the U.S. by Canopy Growth, CEO Bruce Linton told CNBC Wednesday. "The world’s changing: This is the first step in the U.S. to manage cannabinoids.”

The $867 billion bill includes a provision for industrial hemp legalization that Senate Majority Leader Mitch McConnell, R-Ky., had introduced. 

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