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Re: dorothy52 post# 60862

Monday, 10/09/2017 1:31:47 PM

Monday, October 09, 2017 1:31:47 PM

Post# of 129168
This is one area I have been keeping an eye on.. I've been told anecdotally and directly that a good majority of fund managers have their hands tied when it comes to investing in this sector. One roadblock that will lift part of the difficulties for these find managers is legislation passing. An example of changes to the banking sectors attitude is a 'Canary in the coal mine' - https://www.bloomberg.com/news/articles/2017-10-05/bank-of-montreal-toronto-dominion-are-top-canadian-pot-banks

I picture the float tightening up rapidly once rec legalization passes. If 4/13 is indeed the date that the liberals table legislation I would start looking for institutional investing to increase rapidly.


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