RE:RE:RE:My Question isIt is not that USA banks are reluctant .... They cannot as MJ is illegal federally. The ruling in August by the 9th district court will time spill over to Treasury.
Expect more shell reverse take overs etc. LDS was the big one of this past week followed by FIN. LIB - time will tell. GLTA
CommodityPro wrote: Johnny is spot on.
In addition, Kushtown has a new facility coming online on the coming weeks and they also want a mass expansion across North America. Banks in the USA are reluctant to work with companies in the MJ sector so the Kushtown owner took advantage of the Canadian public markets and made a deal that will make him millions without having to take the financial risk and associated debt.
These next few weeks should be very interesting in the MJ sector. Good luck guys!