Post Tagged with: "CSA"

Marijuana Stocks Pose Risk For Investor, Said Canada Watchdogs

Marijuana Stocks Pose Risk For Investor, Said Canada Watchdogs

The change was designed to replace home-grown medical marijuana. In many of these cases, just the announcement of intent to develop a medical marijuana business has resulted in an immediate rise in a company’s stock price, said the CSA, an umbrella group for the country’s provincial and territorial securities regulators. The Montreal-based agency didn’t identify any companies by name. Investor […]

July 3, 2014 · 0 comments · Feature Article
Securities Regulators Issue Warning To Investors About Medical Pot Plays

Securities Regulators Issue Warning To Investors About Medical Pot Plays

A significant number of reporting issuers have announced their intention to begin growing and selling medical marijuana, in conjunction with new regulations enacted by the Government of Canada as of April 1, 2014, the council said. While some have touted medical marijuana as a significant new sector for investment, the CSA has observed a number of small or inactive reporting […]

July 2, 2014 · 0 comments · Feature Article
Medical Marijuana Scams Abound, Warns Canada Securities Watchdog

Medical Marijuana Scams Abound, Warns Canada Securities Watchdog

Canada’s securities watchdog warned Monday against dud medical marijuana investments, saying stock prices of several shell companies have soared after simply announcing their “intention” to grow and sell pot. This follows a new government scheme starting on April 1 that banned home cultivation of medical marijuana in favor of large commercial greenhouses in Canada. The Canadian Securities Administrators (CSA) said […]

July 2, 2014 · 0 comments · Feature Article
Canadian Securities Administrators Issued Medical Pot “Investor Warning”

Canadian Securities Administrators Issued Medical Pot “Investor Warning”

The Canadian Securities Administrators or CSA is concerned investors may face financial harm by purchasing such shares at an inflated price before there is a viable business. It warned that companies can only enter the business with a government licence, which requires a significant time and cost investment. If a company is discussing or publicizing its intention to enter the […]

July 2, 2014 · 0 comments · Feature Article
CSA Investor Alert: Caution Urged For Investors Pondering On Investing In Medical Marijuana Penny Stocks

CSA Investor Alert: Caution Urged For Investors Pondering On Investing In Medical Marijuana Penny Stocks

The Canadian Securities Administrators (CSA) is urging investors to be cautious when considering investing in medical marijuana stocks. A significant number of reporting issuers have announced their intention to begin growing and selling medical marijuana, in conjunction with new regulations enacted by the Government of Canada as of April 1, 2014. While some have touted medical marijuana as a significant […]

July 1, 2014 · 0 comments · Feature Article
Investors Of Medical Marijuana Should Be Cautious, Securities Regulators Say

Investors Of Medical Marijuana Should Be Cautious, Securities Regulators Say

The Canadian Securities Administrators says a significant number of companies have announced plans to begin growing and selling medical marijuana. And in many cases the securities regulator says, just the announcement of those plans have driven share prices higher. The CSA says investors need to be aware that companies cannot legally grow and sell medical marijuana without a licence from […]

June 30, 2014 · 0 comments · Feature Article
Canada Securities Watchdog Warns Of Medical Pot Penny Stocks Scams

Canada Securities Watchdog Warns Of Medical Pot Penny Stocks Scams

Canada’s securities watchdog warned Monday against dud medical marijuana investments, saying stock prices of several shell companies have soared after simply announcing their “intention” to grow and sell pot. This follows a new government scheme starting on April 1 that banned home cultivation of medical marijuana in favor of large commercial greenhouses in Canada. The Canadian Securities Administrators (CSA) said […]

June 27, 2014 · 0 comments · Feature Article
CSA Investor Alert: Caution Urged For Those Looking To Invest In Medical Pot Penny Stocks

CSA Investor Alert: Caution Urged For Those Looking To Invest In Medical Pot Penny Stocks

In many of these cases, just the announcement of intent to develop a medical marijuana business has resulted in an immediate rise in a company’s stock price. The CSA is concerned investors may face financial harm by purchasing such shares at an inflated price before there is a viable business. Investors should be aware that companies cannot legally conduct a […]

June 27, 2014 · 0 comments · Feature Article
Canada Watchdogs Say That Marijuana Penny Stocks Pose Investor Risk

Canada Watchdogs Say That Marijuana Penny Stocks Pose Investor Risk

In many of these cases, just the announcement of intent to develop a medical marijuana business has resulted in an immediate rise in a company’s stock price, said the CSA, an umbrella group for the country’s provincial and territorial securities regulators. The Montreal-based agency didn’t identify any companies by name. Investor interest in marijuana stocks has soared as regulatory changes […]

June 26, 2014 · 0 comments · Feature Article
Medical Marijuana ‘Investor Warning’ Issued By CSA

Medical Marijuana ‘Investor Warning’ Issued By CSA

Canadian financial regulators have issued a rare investor alert warning about the risks of buying stock in companies who want to jump into the medical marijuana sector. The CSA issued a statement Monday urging investors to be cautious when considering investing in medical marijuana stocks. Only one of Canada’s 20 government-approved licensed producers is publicly traded, but many junior mining […]

June 26, 2014 · 0 comments · Feature Article