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Diogenes of Sinope

01/04/18 1:39 PM

#405 RE: TheGreatGreenRush #404

An interesting article from September 2017;

https://globalnews.ca/news/3660170/u-s-federal-pot-crackdown-canada/

All of this uncertainty opens the field for Canadian marijuana companies to compete internationally, says Bruce Linton, CEO of Smith’s Falls, Ont., cannabis producer Canopy Growth. U.S. cannabis producers are finding it hard to raise capital and function as conventional companies.

“What it means for Canada is that Canadian companies are welcome to participate in the German market, which we’ve been asked to, or the Danish market.”
“We’re seeing few, or no American participants in the international markets, which is kind of helpful because they tend to be pretty good competitors.”

Since there’s not much that U.S. cannabis companies can do that isn’t federally illegal — even if the laws aren’t being enforced at the moment — it makes investors and business partners nervous.


GLTA!

Deagle

01/04/18 1:58 PM

#407 RE: TheGreatGreenRush #404

and that was my point...it was pointless for traders to get spooked on a stock that has nothing to do with the US market. It is Canadian. Like some posters here have realized, and are also saying, what Sessions said and caused confusion in the US marketplace, helped Canadian companies. Sessions has absolutely nothing to say about controlling Canadian companies. So why in the world did any MJ trader holding CBWTF even blink?