RE:RE:RE:RE:Here is what just happened this week...Chrysanthalas,
Which could explain why the TSX punted any decsion they make until the end of the year. I'm sure they took into consideration the extended dealine to December 8th, 2017. TSX might use the outcome to substantiate any decsion they make.
Thats why the last paragraph of their bulletin included the following statement...
"The Exchange is aware that legislation applicable to the marijuana sector is evolving rapidly. The Exchange has prepared this Bulletin based on its experience to date and continues to monitor legal developments affecting this sector." Don't put it past the Excahgne to delay making any decsion, until the US provides a bit more guidance. December 8th is important, but I expect something to be announced before the actual deadline date. There are options to extend the defunded obama bills prior to the 8th. I suspect this is what is going to happen unless there are other options.
Trump will not take on 29 States over medical marijuana unless he want to hang Sessions out to dry. Even if he does, Session has no clear path to victory. States will get their injunction allowing them to continue. If you think Trump has had a rough ride so far, watch what happens if he tries to shut down state legalized medical marijuana.
The press release by the TSX this past week was all about optics. They want to be perceived as doing something while doing nothing. Blue had it right when he said they are waiting for a court imposed ruling to make the decsion for them.
M
Chrysanthalas wrote: Maybe its because people refuse to believe that the capital markets and exchanges
will be fair. There is still some push back from banks, provinces and public that dread marijuana legalization.
It makes sense for them to stay but the tmx is also worried about Jeff sessions. The defunded bills that obama passed end December 5th. That means Jeff could move budgetary funds once again
toward law enforcement for the DEA.
Unfortunately, we have no idea what the feds are planning and how the government will view legalization in Canada and foreign ownership of effectively illegal drug dealers federally.
Sorry, just all my current fears.