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://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-crazeFood for thought - GLAH
