list stock on, there are several and in fact, Terrascend recently listed on the TSX - with Curaleaf to follow.
It IS true that US exchanges are not legally allowed to list cannabis shares - or, like US financial institutions - choose not to risk doing so until legalization.
As I posted previoulsy, there are 23 states that have already legalzied recreational cannabis - 40 states including medical cannabis.
If the US were to legalize cannabis next week - there would still only be 40 states where cannabis would be allowed.
What 'green rush'? It already happened in California, didn't it?
The individual states will decide for themselves if they'll pass cannabis legislation to allow it's sale within their state.
Germany, schermany - too many people on this board are failing to realize what a non-story the Jan 1, 2024 legislation is. Sorry - no 'gruner ansturm'.
Post by
geodcanon Oct 28, 2023 5:32pm 92 Views
Post# 35705889
The reality is that
even the Canadian LPs are probably held more by American investors than Canadian, despite the Fed laws, Americans continue to trade in pot stocks they like no matter where they are registered.
Most of the US MSOs and potpreneurs have CSE listings which I affectionately call the Cannabis exchange by default because it is the only stock exchange that is doing business in a pot legal country.
There is still a rush to be had, if the US politician's make it happen and another 40% of their population that may be sitting on the sidelines waiting for "totally legal pot laws" whatever that looks like.
If US politicians keep jerking this around, Germany might lead the way because they are being much more reasonable about the issue and not using it as a political plum or stay employed technique by the politicians.
The States is the Big Enchilada but Germany could potentially do double what Canada did for a greenrush based on population alone.
I would be allright with that and it still leaves potential for a US greenrush for when the Americans finally push the issue.