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hammers fan

Re: CanadianInvestor post# 22315

Monday, 03/20/2017 5:50:08 PM

Monday, March 20, 2017 5:50:08 PM

Post# of 29174
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You have got it right. A lot of the selling is to do with budget. The MJ stock holders are sitting on some very large profits and in order to guarantee tax rate they must trigger a gain now. If the feds increase the inclusion rate to 75% from 50% as they have done before then a lot more tax will have to be paid by holding. If you did sell today you cannot buy back for 30 days. You run the risk that HC will allow the sale licence in that period.
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