Simon made the remarks in an interview on Closing Bell alongside Tilray CEO Brendan Kennedy. In December, the Canadian companies announced plans to merge in all-stock deal that would create the biggest cannabis producer by sales in the world. There s a lot of unknown about what will happen in the U.S. but we ll have the balance sheet, we ll have the knowledge, we ll have the brands, we ll have the technology to be able to make a major impact once legalization happens, Simon said. I say full legalization in the next two to three years.
Simon, who will lead the combined company once the deal closes, added that he s a big believer that legalization may happen in Germany and Portugal and some other countries before the U.S.
Aphria CEO Hopes Weed Is Fully Legalized in U S in 2 to 3 Years, Touts Global Growth Prospects nbcdfw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcdfw.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, Feb. 19, 2021 /PRNewswire/ After finding themselves down for much of last year, cannabis and CBD stocks are once again seeing intense momentum. In the short term, we have Reddit s WallStreetBets to thank for some of the industry s recent surge, as the notorious investing forum set its sights on cannabis stocks after promoting AMC and Gamestop. However, there are more sustainable factors behind cannabis s recent momentum that could see these stocks staying on a run in the longer term. In the United States, a democratic White House and congress has reignited hopes of major reform to cannabis laws and regulations and positive financial results from cannabis giants. Meanwhile, international markets are following North America s lead and opening up to the cannabis market. In the midst of this newf
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