Wednesday, July 23, 2014 9:44:12 AM
Canadian financial regulators have issued a rare investor alert warning about the risks of buying stock in companies who want to jump into the medical marijuana sector.
The CSA issued a statement “urging investors to be cautious when considering investing in medical marijuana stocks.”
It is the first investor alert the Canadian Securities Administrators have issued since 2001.
So I am certain that a weed stock suspended by the SEC would get a great deal of attention if they tried to move to Canada.
Then there is the issue with the Alberta Securities Commission having a trading halt on AEGY.
And as 1manband pointed out AEGY wouldn't be allowed on any Canadian stock exchange because they had participated in toxic financing.
What company would merge with AEGY and take on all of their liabilities - plus since 2008 AEGY has never generated any revenue.
There just isn't any possibility of a merger/acquisition with a Canadian company or any company.
IG
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