Replies to post #58484 on Canopy Growth Corp (WEED)

[MMPRuser]

I have read some stuff about that lately from some of my American trading contacts. What is the issue exactly? all I remember is it is something about the DEA, Canadian LPs, US investors/Banks, and money laundering?
Something to do with cannabis being an only cash business, banks can't get involved for some reason.

Is it true that cannabis is schedule 1 in USA still, wouldn't that make it illegal for Americans to use or do business with?

Can the DEA investigate foreign investments? It shouldn't matter what kind of business it is, because is Canada it is legal - they can't go after Canopy Growth Corp, can they?

I think it has something to do with another law that isn't normally enforced, and Donald Trump - I don't know. do you think there is nothing to it? another phantom risk?

[MMPRuser]

I think it has something to do with recreational legalization. If Canada breaks the treaty and cannabis goes recreational - then any US citizens invested in violating corporations are liable for damages and the DEA can confiscate. They call it property forfeiture I think - they don't even need to charge you with a crime, let alone prosecute you!

https://www.washingtonpost.com/news/wonk/wp/2017/03/29/since-2007-the-dea-has-taken-3-2-billion-in-cash-from-people-not-charged-with-a-crime/?utm_term=.74cfb6a8b106

As far as I know the law hasn't been used in relation to cannabis since the 1980's or something

do you have a link to the hit piece? you know it could have been written by DEA Physiological Warfare Division, normally that practice is limited to central and south american media outlets, of course there is no way to know the extent they are willing to go