Marijuana Inc (MAJI)

[DWillie]

That's any easy one. Tilray is headquartered in Canada and they do not sell MJ in the USA. They sell in Canada and parts of Europe where medical is legal. I think they do sell CBD in the US, but that's legal. The only weed Tilray has sold in the US was for medical research and they received a federal exemption for that.

To sum up, no US based company with direct contact of MJ can uplist as long as federal law says it's illegal. Foreign companies who sell MJ in jurisdictions where it is legal are allowed to uplist.

My only concern with GRNfunds is if they own 20-30% stake in any MJ companies as investments or financing deals. I don't know that they do since their holdings haven't been divulged, but my guess is yes. If so, that could be a problem. I think they would have to divest of those prior to applying. (assuming they're not cleared as a holding company, which they may very well be.) MJ banking shouldn't be a problem at all.