RE:RE:RE:RE:RE:RE:RE:RE:Canopy Holds Gains on Day into After-Hoursqueentard - you're just clueless. You have enough knowledge to post half truths and misleading statements - but you dont understand the bigger scope of what you spew.
The SAFE Act has nothing to with legalization of cannabis on a federal level - which is already legal in many states. Canadian companies like your little .20 cent Hexo and Canopy will not be impacted in anyway if SAFE is passed - SAFE addresses the services financial companies and banks can offer cannabis companies operating in those legalized states.
SAFE largely boils down to credit/debit card machines and services, which retail stores can't access right now - everything is done in cash. (which causes a lot of other problems as well).
A financial insitution would still be gambling on loaning a cannabis LP money - until federal legalization occurs.
Gosh - you figure there might be "more than one big corp down there that wants in"?
BRILLIANT
But in Canada, most banks have stayed away from cannabis - BMO was one that got in early and subsequently bailed as soon as cannabis reality set in.
You'd be better off back on the Hexo board - where you have been spewing the exact same nonsense for two years.
quinlash - (9/29/2022 2:01:50 PM)
RE:RE:RE:RE:RE:RE:RE:Canopy Holds Gains on Day into After-Hours
As long as they focus on CBD products only, that appears to be legal just about everywhere already. With SAFE in place Corp America can start to move and do business with Cannabis companies. I expect it would be fast and furious as I also believe there is more than one big corp down there that wants in and has their hands tied by fed rules at the moment quinlash - (9/29/2022 2:01:50 PM)
RE:RE:RE:RE:RE:RE:RE:Canopy Holds Gains on Day into After-Hours