RE:RE:Cause for concernI see what you mean, markets dont react repetitively in the exact same vein but the last time this was discussed stock shed 50% and that was not even thier own index discussing it. I think there is some caused for alarm, having said that I did okay on the sale.
Bellsey wrote: Investing in a company that is doing LEGAL commerce in specific states. MJ medical and rec for many states is LEGAL. Now if ianthus were to operate in states without these legislations, I'd be concerned . Or if they were affiliated with gangs, selling to minors.
Nothing to to worry about here. Sessions can't do what he thinks he can .
abrahaminc wrote: Firstly, I really like this particular marijuana stock but I feel I should give everyone a quick heads up. I see some concerning news coming out of the Indexes. There is a risk that the recision of the cole memo could cause the indexes in Canada to de-list Marijuana securities altogether. This is because listing them would reflect organized Canadian markets engaging in funding activity in the United States that is deemed federally illegal. Apparently there are several existing agreements between the US and Canada as well as legal statutes could result in the delisting being enforced by the Trump Administration if they choose to via the Canadian political infrastructure and the Canadian markets to protect Canada-US trade. From my understanding the Canadian Indexes are now in the process of reviewing these policies and examining the potential risks of engaging in the US marijuana market. Obviously, hope things work out if you decide to stick it out, I feel this stock is the best of the lot but I closed my position today and thought I would give everyone a heads up on the news.