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For the Canadian cannabis companies, the biggest regret is not making an early move into the U.S. markets. For this reason, Canopy Growth Corp. (CGC) has desperately attempted to position the company for a future in the world's largest cannabis market. The latest FDA news could be another blow to their attempt to enter the U.S. market and a prime reason why the stock dipped below $40.
Image Source: Canopy Growth website
U.S. Entry
Canopy Growth already has a large and vibrant business in Canada, so the company doesn't need U.S operations to