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Pot companies are traded over-the-counter on pink sheets. For a proper listing on the big exchanges (AMEX, NASDAQ, NYSE) they would need Federal approval of pot laws. The pink sheets tend to be penny stocks and/or operate on low volume. You may get in at $.05 but the volume may not be there to sell at $.06. Since they are not subject to major exchange rules they lack transparency - 10Qs at the ilk. That's how you get surprise loses of 80% (with a possible volume/liquidity trap if you want to sell). Buyer beware. The closest acceptable firm is GWPH. A British medical company that investigates THC therapy. It's a real company and traded on NASDAQ. Start there.
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Feb 14, 2017 15:44
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| # ¿ Apr 29, 2024 07:16 |
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