Friday, October 10, 2014 11:17:23 AM
Far different from investing in a Canadian company. Any money made by CEN Biotech will go through FITX and will be subjected to American tax laws and will be well documented. The beauty of FITX!
In Canada, medical marijuana is legal and considered a medicine. There are many Pharmaceutical companies that manufacture and sell drugs around the world that are not approved for sale in the U.S. It is because MJ is classified as a schedule 1 drug in the U.S. that the DEA shows concerns. However, the DEA has been forced to turn a blind eye to both Colorado and Washington State businesses respecting State laws. And there has been a lot of investment in both of those states. I would expect that they would be forced to comply with a sovereign nation's laws as well, whether they like it or not.
Anyway, I think Bitcoins are a more likely target of money launderers than a legal drug of a developed nation with stringently enforced laws.
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