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Canopy Growth CEO says Farm Bill passage is 'first step' toward US expansion

Thomas Franck

The "Farm Bill is the first step to active" involvement in the U.S. by Canopy Growth, CEO Bruce Linton told CNBC Wednesday. The $867 billion bill, which was passed by both the U.S. Senate and House of Representatives, includes a provision for industrial hemp legalization. The legislation has been cited by numerous public cannabis companies as the catalyst to formally enter the American market, according to Cowen analyst Vivien Azer.

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