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Monday, 04/08/2019 2:23:18 PM

Monday, April 08, 2019 2:23:18 PM

Post# of 128526
TD Ameritrade is giving this message: *Shares of several Cannabis companies are trading lower after Canadian banks said they will 'steer clear' of the sector until new laws are passed, restricting the cannabis industry's access to banking services.

Is this good news for CGC? With Canadian banks drawing a line in the sand, this means that Canopy with it's huge cash reserves can continue with business as usual. On the other hand, some other companies might have to scale back their investing in infrastructure, acquisitions, etc., until the banks are more confident and open their coffers. So could it be an advantage or just a roadblock? I'm not expert but I'm holding long either way :)