Most US cannabis co's are headquartered in Canada and dual list on OTC/CSE. They do so because it's federally legal in Canada and federally illegal in the US. It's to protect their assets in case the feds decide to reverse course and start enforcing the law. Their operations are in the US, as I said.
But my point is not if the company is successful or not, it's how they went public. Reverse Merger, almost all of them. Even the few profitable ones.
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