IHL 0.00% 4.1¢ incannex healthcare limited

I have a question for holders to consider. ( I am sure the BOD...

  1. 1,958 Posts.
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    I have a question for holders to consider. ( I am sure the BOD are mindful of what's happening in this space ATM )

    With the possibility of IHL delisting from ASX
    With IXHL being domiciled in the USA and not considered a foreign company moving forward

    Is it possible that IXHL will be included in the MSOS ETF? (When solely on the NASDAQ)
    Which is made up of US-based companies
    And not just growers/cultivators it includes Pharma / Biotechs

    https://hotcopper.com.au/data/attachments/5586/5586650-b85682dbc0be84e998f5c012be6f2ef9.jpg
    https://advisorshares.com/etfs/msos/

    Seemingly out of nowhere, officials from the Department of Health and Human Services recommended that the Drug Enforcement Administration move cannabis from a Schedule I drug to a lower-risk category.

    The big picture:

    • Cannabis companies in the United States have been held back by being considered a Schedule I drug by the DEA
    • This puts limitations on everything from banking to advertising to the tax code that cannabis companies fall under
    • Even though cannabis is legal in all but four States, the federal laws that govern the United States as a whole have yet to change
    • Shares of Canopy Growth (NYSE: CGC) are up more than 200% since the announcement, adding nearly half a billion dollars in market capitalization
    • AdvisorShares Pure US Cannabis ETF (NYSE: MSOS) is up more than 89% since the announcement

    https://www.thenew.money/article/the-comeback-of-the-cannabis-craze

    Food for thought - GLAH rolleyes.png
 
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