Showing posts with label Canada.cannabis. Show all posts
Showing posts with label Canada.cannabis. Show all posts

Thursday, October 18, 2018

Investors want to promote the use of the products they have invested billions in; and that goes for cannabis-marijuana-marihuana-pot too.

My grandchildren are Canadian. 

So when I read in the Globe and Mail that “Investment banks reap rewards with $2.8-billion in cannabis equity deals” and the head of a Canadian bank’s Canadian equity capital-markets investments saying “Without cannabis new issue activity, our volumes would be down substantially more… it has certainly offset the declines in energy and power and utilities”, I really got nervous, mad, and began tweeting out everywhere.

"Is nobody concerned with those billions in equity invested in the legal production of cannabis-marijuana-marihuana-pot in Canada? That equity will search for good returns by promoting its intensive use. Have the pushers now moved to Wall Street?

I am not an absolutist against legalization of cannabis. I thought one of the best reasons for it was to fight the illegal business involved with its distribution… but what I now see seems more related to taking over that business L