Curaleaf Holdings Inc T.CURA

Buying Opportunity is Closing in on Cannabis Retailers

[blackspade799]

The big boys are closing up options for Retail investors from buying up cannabis stocks and drying up credit for smaller cannabis companies Only the well funded cannabis companies will remain. If you own shares in the big 5, Hold on, if you sell your cannabis shares you maybe locked out from buying back in by your brokerage firm. Looks like the fat cats are setting them selves up to buy first into the cannabis maket when it goes legal/decriminalized on the Federal level. Fat cats eat first!! Load up before they close up all windowns of opportunity. Is it illegal...welcome to the stockmarket.

JPMorgan Will No Longer Let Prime Brokers Buy U.S. Cannabis Stocks

https://www.bnnbloomberg.ca/jpmorgan-will-no-longer-let-prime-brokers-buy-u-s-cannabis-stocks-1.1675966

[blackspade799]

“There’s never been an opportunity like this for private investors in any industry, ever. Typically, institutional capital always gets access to the deals before private capital does, and now it’s the other way around because institutions can’t do it because of federal illegality. It’s an interesting moment in time when you think about it from a capital market standpoint.” Looks like JP Morgans

[blackspade799]

Curaleaf earnings Nov 8th and JPMorgan Chase & Co has told prime brokerage clients it will no longer let them buy certain U.S. cannabis-related securities beginning Nov. 8, according to a letter seen by Reuters. Coincidence? #N0FaakinWay

[TheProphetElijah]

I think you're looking too deep into this, they will just go to another broker who will and JP will lose business, sounds like a dumb move to me.

[blackspade799]

Its just not JPM. Time to load up before Nov 8th dead line Credit Suisse reportedly halts US cannabis stock transactions https://mjbizdaily.com/credit-suisse-halts-us-cannabis-stock-transactions/

[blackspade799]

BNY Mellon move takes effect in late November BNY Mellon, which controls roughly $35.5 trillion of assets, issued a notice to clients in early October saying it will no longer accept incoming positions of “non-permitted” cannabis securities, effective Nov. 30.  While the bank did not spell out what it meant exactly by non-permitted securities, the move targets, among others, U.S