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Re: None

Friday, 03/24/2017 4:58:10 PM

Friday, March 24, 2017 4:58:10 PM

Post# of 43951
Is Indoor Harvest ignorant of Colorado laws?

http://content.edgar-online.com/edgar_conv_img/2017/01/27/0001640334-17-000188_INQD_EX991IMG5.JPG



As a public company, this is not possible at this time.

https://hoban.law/blog/2016/2016-05/2016-colorado-legislative-summary-re-impacts-licensed-marijuana-businesses

The bill explicitly provides that Publicly Traded Companies cannot own any portion of a marijuana business, but qualified institutional investors (i.e. banks, insurance companies, etc.) can now own up to 30 percent or less ownership of a marijuana business.


If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.