GRN Holding Corp (GRNF)

[DWillie]

That is exactly right. The exchanges must follow US federal and international laws to avoid any liability. US states that have legalized MJ do so under state law and do not supersede federal law. The exchanges cannot recognize what Oregon or California does when they deal with national or international regulations because the US government could confiscate all the assets of every single MJ company in the US if they wanted to. It's still illegal as far as the FBI is concerned. The DOJ just chooses to not prosecute those MJ laws in the current climate. But what if the climate changes?