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Canada’s Cannabis Act C-45 Makes Progress in the Senate

Canada’s Cannabis Act C-45 Makes Progress in the Senate

On May 28, Bill C-45 (or the Cannabis Act), Canada’s recreational cannabis legalization bill, saw further progress in the Senate. Cannabis investors are closely watching the progress of this bill, since it may positively or negatively impact some of the players in the cannabis industry. Unlike Canopy Growth (WEED) and Aurora Cannabis (ACB) (ACBFF), SMG doesn’t produce cannabis, but it sells related products required to grow cannabis indoors to the retail market.