Jim Cramer talked about cannabis last night during his interview with Canopy (CGC) CEO David Klein.
"For his next "Executive Decision" segment, Cramer welcomed back David Klein, CEO of Canopy Growth, the Canadian cannabis grower with shares up 43% for the year," wrote TheStreet's Scott Rutt. "Klein had positive things to say about Quatreau, his company's first CBD-infused beverage. He said sales are off to a brisk start and Canopy is using the experience to "test and learn" how they will market drinks like these in the U.S."
"Shifting focus to the U.S., Klein said the trend towards legalization for cannabis continues, and he's confident that through increased education and awareness, everyone will have a good experience with cannabis products. In the meantime, Canopy is focused on operating a profitable business so they will not be seen merely as a speculative company," he continued.
Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Wednesday