Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ianthus Capital Holdings Inc C.IAN

Alternate Symbol(s):  ITHUF

iAnthus Capital Holdings, Inc. is a vertically integrated, multi-state owner and operator of licensed cannabis cultivation, processing, and dispensary facilities. The Company is also a developer, producer, and distributor of branded cannabis and cannabidiol (CBD) products in the United States. Through its subsidiaries, the Company owns and/or operates 37 dispensaries and eight cultivation and/or processing facilities in seven United States. Its multi-state operations encompass a full range of medical and adult-use cannabis enterprises, including cultivation, processing, product development, wholesale-distribution, and retail. The Company offers various cannabis products, which includes flower and trim, products containing cannabis flower and trim, such as packaged flower and pre-rolls; cannabis infused products, such as topical creams and edibles and products containing cannabis extracts, such as vape cartridges, concentrates, live resins, wax products, oils, and tinctures.


CSE:IAN - Post by User

Comment by abrahamincon Jan 06, 2018 1:07am
32 Views
Post# 27295958

RE:RE:Cause for concern

RE:RE:Cause for concernThe Cole Memo was a directive from the Attorney General James Cole to the DOJ to end prosecution on Marijuana charges in states that had legalized marijuana. Rescinding it, is actually a major issue from the legal stand point, it attacks: state rights, the tenth amendment and essentailly makes it illegal for states in the US to legalize Marijuana. The major concern for us is how it affects US - Canada relations. Essentially the Cole memorandum prevented the Indexes in Canada from clamping down on Canadian Marijuana companies that operated exclusively in the US. The reason companies were registering and raising funds in the Canadian markets to operate in the US was because its technically illegal to do so in the US. The TSX bought up the concern of legality in October which caused companies that use this model to shed 50% of thier value. With the Cole Memo being rescinded, the CSE which was a haven for these companies has also began to question the legality, if the DOJ pursues it, the CSE will drop them. Its an absolutely massive risk. I was speaking to brokers that work in with the Indexes, they sold everything and moved to marijuana companies that do Canada only, the companies that do Canada only got a major boost. I'll see what I can find to corroborate.
Bullboard Posts