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Marillionaire

11/28/22 8:28 AM

#18845 RE: Marillionaire #18844

Carl Merton, Chief Financial Officer at Tilray Brands
"The current issue on institutional funds is more about custody of the shares than it is about their interest in the space. They just don't have someone to hold the shares for them, largely because of federal illegality in the U.S. There are versions of the SAFE+ Banking Act that could provide comfort to the custodians and allow for them to hold shares for their clients but there are also versions of SAFE+ that don't. One of the latest credible analyst reports that I've read, suggests that the final contents of the SAFE+ Banking Act, if passed, may not be known until minutes before the vote."