Post by
JohnnyAppleweed on Mar 22, 2018 6:44am
Be careful
Flipping through various Countries news releases, as a bit of due diligence, I came across this one from Canada. "Government's cannabis bill faces live-or-die vote in Senate today".
if Canada's Senate rejects cannabis then marijuana stocks will be WORTHLESS and one can kiss your warrants GOODBYE! If Canada's Senate approves cannabis then stocks and warrants may INCREASE. Hard to say but the Country of Canada is not like Britain.
GLTA
Comment by
JJECYYZ on Mar 22, 2018 7:05am
Doubtful it won’t pass, hard to pass up on all that tax revenue no matter what side of the fence you are on. Disagree with your “worthless” statement- In in the unlikely scenario that it was defeated the Liberals could introduce an entirely new piece of legislation.
Comment by
JohnnyAppleweed on Mar 22, 2018 7:17am
Thanks for poitning that out. Worthless may have been been a bit strong but the uphill battle to regain prior prices could be long and frustrating. Then again if some warrants dont expire until 2020 it may not be a problem, but i can hypothesize until the cows come home, reality will present a different story in whatever time zone that vote will occur. GLTA
Comment by
flyboy27 on Mar 22, 2018 7:33am
The Bill has the support and will pass without a doubt, its all part of moving forward. But there is nothing wrong with a little shake up to provide opportunity
Comment by
deet on Mar 22, 2018 8:26am
Well....if the Senate were to defeat Bill C-45 ...and vote against the will of the Canadian governmen/people, the sh!t would hit the fan. There would be renewed talk of abolishing the Senate altogether. Hope the members are aware of that.
Comment by
GangstersPardis on Mar 22, 2018 8:41am
the bottom line here is ""MONEY"", marijuana is going to make canada ""BILLIONS"", its going to make money from tourism also employment is getting a boost, canada is going to flourish, hold on to your shares and good luck