Worlds Largest Cannabis Company Has Huge Day On Wall Street

Canopy Growth Corporation is the largest cannabis company in the world. It went up about 12% yesterday and another 12% today approximately. This doesn’t mean nationwide American legalization is eminent but it does mean that it’s another step down the road of higher likelihood. One of the reasons canopy growth went up so much over the last few days is that some institutional banks put millions of dollars of financing behind it. Another interesting reason is that they are now officially licensed to sell hemp in USA. Now that hemp is officially legal to grow in America perhaps cannabis will be next.