Tuesday, 3 November 2015

Canada could grow into a global leader in marijuana investment on Trudeau win ...

Canada  — Friendlier laws on medical marijuana use in Canada are already drawing American investment north of the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.....  

Cannabis companies are looking for a market where their legitimate peers are trading and that happens to be Canada


“If you go to the OTC pink sheets in the U.S. there’s probably over 100 names, but a lot of those are pretty sketchy,” says Malik. “So (cannabis companies) are looking for a market where their legitimate peers are trading and that happens to be Canada.”
However, Braden Perry, a lawyer who specializes in government compliance, says even investing in Canadian cannabis firms could spell trouble for American funds.
“If you have U.S. money invested in a product that is illegal in the United States, repatriating that money could be considered a money laundering violation,” said Perry, a partner in Kansas City-based law firm Kennyhertz Perry, LLC.
However, Perry adds that the issue is a complicated one.
“I don’t want to be accusing people of breaking the law when I don’t know exactly what they’re doing.”

More from the Financial Post 

Thursday, 29 October 2015

Justin Trudeau Prepares To Tackle Marijuana Legalization #TrueDope

OTTAWA — As Justin Trudeau prepares to tackle the politics of legalizing pot as part of his Liberal government's legislative agenda, industry experts say he will have access to a world-class marijuana framework set up under the Conservative government....  #TrueDope http://www.huffingtonpost.ca/2015/10/28/trudeau-marijuana-legalization_n_8409710.html

Tuesday, 27 October 2015

CANNABIS Heavy trading in Canadian marijuana stocks upon Liberal victory #TrueDope

Shares in publicly traded marijuana suppliers surged in early trading Tuesday, with a Liberal election victory potentially vastly increasing the size of the market that is up for grabs.

 During his election campaign, prime-minister-designate Justin Trudeau made it clear that, if elected, one of his early objectives would be the legalization of marijuana – as long as the drug doesn’t end up in the hands of minors.

 In campaign literature, the Liberals vowed to design “a new system of strict marijuana sales and distribution, with appropriate federal and provincial excise taxes applied.”
#TrueDope
http://www.theglobeandmail.com/globe-investor/investment-ideas/heavy-trading-in-canadian-marijuana-stocks-upon-liberal-victory/article26897954/

Wednesday, 21 October 2015

In 1982 we had True Dough and now we have True Dope

True Dough Mania was a Canadian board game, created by George J. Reti, which was released in 1982 by Chieftain Products. Subtitled "a game of chance where you have no chance", the game was a satire on Canadian politics. The name was a pun on "Trudeaumania", the name given to the aura of excitement surrounding Pierre Trudeau in the 1968 election; Trudeau was still Canada's Prime Minister in 1982, but was no longer popular.
In the game, each player is the owner of a Canadian business. Players roll the dice and advance around a map of Canada. On some squares, the player is required to draw a "Cabinet Shuffle" or "Constitution" card, and follow the directions on the card (much like the "Chance" and "Community Chest" cards in Monopoly).
The winner is the first player to lose all of their company's assets to the federal government....

Monday, 19 October 2015

True Dope is Open for Business


That didn't take long eh ...

Welcome to the era of True Dope !

The Shoppe will open shortly.