Risk of Prosecution for Marijuana-Related Companies. If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution. The Department of Treasury recently issued guidance noting: “[T]he Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana. Many states impose and enforce similar prohibitions. Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”
Sale!
Hexo Corp.: Q2 ’19
$17.00 $5.00
Included in this report:
• Welcome/Contact
• Cannin Tools
• Market & Industry Update
• Fundamental Analysis (Hexo Corp.)
• Branding
• Medical Research
• Cannabis Terminology
• Hemp Infographic
• Industry Terminology
About Hexo Corp.
Large-scale greenhouse production (lower cost than indoor production) of cannabis in Quebec, where they achieve lower costs from abundant renewable electricity at competitive rates (lower than Ontario), abundant water and skilled people. Additionally, they buy cannabis from global sources, and incorporate these into their brands. Its proximity to large populations in Montreal, Ontario and the rest of Quebec and Ontario is advantageous. Current planned expansions up to 100,000 kgs are fully funded. “We expect to allocate the majority of our capital now to distribution, downstream activities, intellectual property and branding.” They only work in countries where cannabis is federally legal.
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