Wisconsin state Sen. Frank Lasee (R-De Pere) bought $5,000 to $50,000 in the stock of Ontario-based Canopy Growth Corp. in 2016.
The Appleton Post-Crescent/USA TODAY NETWORK-Wisconsin, reports that a review of public disclosures found that Wisconsin state Sen. Frank Lasee (R-De Pere) bought $5,000 to $50,000 in the stock of Ontario-based Canopy Growth Corp. in 2016, “Wisconsin senator invests in Canadian pot producer, votes for medical marijuana in state.”
USA TODAY NETWORK-Wisconsin also reported that in February Lasee joined most state senators in voting to allow the possession of CBD oil. The bill was signed into law by Gov. Walker becoming 2017 Wisconsin Act 4. Lasee joined fellow Republicans in a party line vote rejecting a Democratic-sponsored amendment to allow the production of CBD oil in the state.
Of Canopy Growth, USA TODAY had this to say:
“Lasee’s votes could present a conflict of interest because Canopy Growth produces CBD oil. But the company doesn’t currently operate in Wisconsin or anywhere else in the United States because of federal drug prohibitions, said Canopy Growth spokesman Jordan Sinclair. “It’s just not prudent for us,” Sinclair said. “The risk just isn’t worth the reward.” Sinclair said Canopy Growth produces marijuana products exclusively for medical purposes in Canada, Germany, Chile and Australia. The company is also expanding operations in advance of pledges by Canada’s ruling party to legalize recreational marijuana next year, he said. “Our international ambition continues. We want to operate anywhere where there is a clear federal framework,” Sinclair said.”