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Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

GREY:SNNVF - Post Discussion

Sunniva Inc > Nobody will touch US MJ stocks now..or risk banned for life
View:
Post by MJInvestor101 on Jul 21, 2018 1:39pm

Nobody will touch US MJ stocks now..or risk banned for life

Good luck finding new investors, get out while you can.

https://www.theglobeandmail.com/investing/education/article-do-you-have-any-cannabis-investments-to-declare/

Sessions passive aggressive approch is to bleed out the investment to this industry while leaving the American participants alone
Comment by sunrize on Jul 21, 2018 1:56pm
1. So what are the implications for Holler and his team? 2. What about US citizens who have invested in Candian MJ stocks and/or US MJ stocks (which are on the OTC)? Are they facing entry problems upon re-entry to the US after traveling abroad? My head is spinning. Damn, I did not need this on top of everything else.
Comment by Tradertimestwo on Jul 21, 2018 3:56pm
Fear mongering from a short.
Comment by sunrize on Jul 21, 2018 6:52pm
I don't care about the poster's intentions. He/she could well be bashing/mongering fear. No doubt, I agree that could well be the case. But you just cannot dismiss the Globe & Mail article he/she provided in that post. Have you even read the article? And this as well: https://www.civilized.life/articles/either-get-out-of-the-business-or-stop-traveling-to-the-us-immigration-lawyer ...more  
Comment by Benedictus on Jul 21, 2018 8:14pm
and then there is this article which points to the growing perception change of MJ amongst the average person in the U.S. The stigma of this drug has changed tremendously... https://www.fool.com/investing/2018/07/21/these-20-states-havent-legalized-medical-marijuana.aspx There is definitely a lot of confusion and uncertainty around the MJ sector right now (Trump tweets something positive and then ...more  
Comment by Tradertimestwo on Jul 21, 2018 11:13pm
Yes I have read all the news of border crossing problems. Anyone investing should already be aware of this. Each news outlet has put their own spin on it. None however have stated that the border patrol ever outright asks if you invest in marijuana. However if you are crossing the border for the purpose of marijuana operations then yes it's trouble at this stage in the game. All MJ stocks are ...more  
Comment by JMark80 on Jul 22, 2018 12:36am
It's a pain in the asss, but not that big of a deal for Sunniva as they'll have local representation. One article I read cautioned that anyone who has even admitted to using marijuana at some point in their lives could face a lifetime ban. It also said retail investors are at risk. So I guess the majority of Canadians could face a life time ban. Hard to believe, but America is a backwards ...more  
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