I believe Canadian companies need to have a U.S. market maker and for the security to be registered.
If it is, then the security needs to be DTC eligible. If the security is not eligible, the settlement of the trade must be done manually.
Typically to trade, what your brokerage refers to as a "penny stock", you need to sign a risk waiver. Or have this done over the phone.
PLEASE PLEASE leave a message for WeedMD and tell them exactly what you told me.
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