i wanted to put out a word of caution for anyone i
Post# of 74546
Posted On: 02/12/2014 8:27:20 PM
i wanted to put out a word of caution for anyone investing in a marijuana stock.
the sale, production, transfer, or growth of marijuana is still a federal crime. with that said, any money tied to such can be subject to seizure by the federal government. All it would take is an overzealous attorney, or a state that does not have the legalization recognizing that a trader from their state purchased shares. because the shares are traded on a national level, the interstate commerce makes it illegal. i would be very cautious with our cash starved government, and the legal system. JMO
the sale, production, transfer, or growth of marijuana is still a federal crime. with that said, any money tied to such can be subject to seizure by the federal government. All it would take is an overzealous attorney, or a state that does not have the legalization recognizing that a trader from their state purchased shares. because the shares are traded on a national level, the interstate commerce makes it illegal. i would be very cautious with our cash starved government, and the legal system. JMO
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