Canopy Growth Corp (WEED)

[MMPRuser]

Actually it was GREENSTAR CANADA INVESTMENT LIMITED PARTNERSHIP that invested in Canopy Growth Corp. Don't believe everything you read in the papers. Constellation invested in a Canadian investment firm....you see how that works?

Same with Privateer - they set up a Canadian corporation to do their investing for them. Do you have one of those????

https://oldschoolba.com/news/69-report-u-s-dea-%E2%80%98most-interested%E2%80%99-in-u-s-investors-in-canadian-marijuana-firms

Timothy White, national risk specialist for Banker’s Toolbox Inc, a firm that helps banks detect and report money laundering, said U.S. investors in Canadian marijuana firms could be violating drug trafficking and money laundering laws.

“That is two violations of U.S. federal law. I don’t see there is any way around that,” White said.

A former DEA official who asked not to be named said that “at best,” the investments are “an extremely reckless thing to do.” Investors could face money laundering charges and any return on investment “would have the taint of drug proceeds,” the former official said.

“If they sought legal advice on this, they were grossly underserved,” the former official said.

I think the Don is going to drop the hammer sometime during the next election.