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Logic1

06/16/14 10:43 AM

#125611 RE: Lurvey #125609

I agree but we need some news either Tuesday or Wednesday. We need a little bump. Yes people are waiting. Let's get some news.

Tiresias

06/16/14 11:07 AM

#125614 RE: Lurvey #125609

You siad:

"If a license request is not granted there is not a country on the globe that would pursue any venture with Canada."

Ridiculous. In the scheme of things a medical mj license is a pimple on the belly of prosperity. Do you think Canada is really that desperate for tax revenue from this source? Canadian banks unlike ours, are not under the same restrictions as to having accounts with producers. American banks are far more desperate for new revenues. How many Canadian banks went out of business during the last recession? None. How many American banks went out of business during that same time/ Hundreds. The Canadian government has been able to do something the USA government has not been able to do - balance a budget. The Canadian government stopped the takeover of one of its large potash mines in Saskatchewan, yet international businesses still come knocking. This sector is so small as to almost be meaningless. The BC growers, those outside the law, dwarf the legal business. It is American producers and sellers who are having issues with banking institutions, not Canadian producers.

Dbrown13

06/16/14 11:44 AM

#125617 RE: Lurvey #125609

Makes one wonder why license not granted already by your logic.

swingingRichard

01/13/15 12:02 PM

#159781 RE: Lurvey #125609

No license. I think "finding banking directors" is not on the radar as most of the rats managing FITX resigned.

Of course the license will be granted. The company has spent millions in Canada. If a license request is not granted there is not a country on the globe that would pursue any venture with Canada. Fitx will also corner the hemp market. The Canadian government is well aware of the fortune in new tax revenue that will be coming their way. Do not fear. You will be laughing all the way to your bank. You will in all probability be banking at a different institution in the near future. marihuana sellers will simply charter new banking institutions and fund it will all of their new found wealth. There will be no problem finding banking directors.