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|    Message 89,913 of 90,757    |
|    brewnoser2@gmail.com to All    |
|    Did you buy shares in a pot-growing comp    |
|    14 Sep 18 15:56:56    |
              Well, be prepared to lie at the border - or be refused entry to the U.S.        Really.       This from the country we used to call 'Americans are our best friends'.       ______________________________       CBC News · Posted: Sep 14, 2018              Official tells Politico that threat of lifetime ban on entering U.S. may       extend to legal workers and investors              Shares in numerous TSX-listed marijuana companies were even more volatile than       usual on Friday after an official at U.S. Customs and Border Protection said       it's not just users of the drug who risk being refused entry to the United       States — even people        who work for and invest in the companies may too.              U.S. website Politico first reported on Thursday that even after recreational       marijuana use becomes legal in Canada next month, the U.S. will continue to       enforce rules concerning travel relating to the drug, which will continue to       be a banned substance        at the federal level even though numerous states have legalized it.              "If you work for the industry, that is grounds for inadmissibility," Todd Owen       of U.S. Customs and Border Protection (CBP) told Politico, adding that       investors in cannabis from other countries have already been denied entry.              "Facilitating the proliferation of the legal marijuana industry in U.S. states       where it is deemed legal or Canada may affect an individual's admissibility to       the U.S.," Owen was quoted as saying.              Those who admit to using marijuana are likely to have the same level of       scrutiny as before, but the report late Thursday suggested that the       consequences may soon extend to those who work and invest in companies       involved in the legal industry in Canada.              "As marijuana remains federally prohibited in the U.S., working or having       involvement in the legal marijuana industry in U.S. states where it is deemed       legal or Canada may affect an individual's admissibility to the U.S.," CBP       told CBC News in a        statement.              And lying to a border agent is itself enough to earn a lifetime ban, the       agency says.              Annamaria Enenajor, a criminal lawyer and executive director of the Campaign       for Cannabis Amnesty, said Friday that serious consequences are indeed       something anyone crossing the border needs to know about.              "If you have investments in cannabis companies, even companies that are       publicly traded, that could raise flags," she said in an interview Friday.              While she says she doesn't expect border officials will start asking detailed       questions on marijuana investments of everyone crossing the border, "if you're       stopped at the border and you face questions about your involvement with       cannabis, and you answer        those questions in the positive, you can face a lifetime ban," she said.              The CBP statement suggests enforcement agencies will consider Canadians       crossing the border on a case-by-case basis.              "CBP officers are thoroughly trained on admissibility factors and the       Immigration and Nationality Act which broadly governs the admissibility of       travellers into the United States," the agency said. "Determinations about       admissibility are made on a case-       by-case basis by a CBP officer based on the facts and circumstances known to       the officer at the time."              But there's much uncertainty as to how far the concept of "involvement" the       marijuana industry extends. Canadian Sam Znaimer was recently turned away and       banned for life at a crossing in Washington state because one of his many       business ventures is a        legal cannabis company.              His lawyer, Len Saunders, said Friday that the agency's latest comments came       as a surprise to him since he had assumed the government would take a "hands       off" approach to the drug once it was legal in Canada.              "Going forward, anybody involved in any cannabis industry, regardless of where       it's located, regardless of whether or not its legal in that state, province       our country will be deemed inadmissible to the U.S.," Saunders said, adding       that the news will        have a "chilling effect" on legal businesses in Canada.              "Whether it's people who are just front-line workers, or investors, or running       cannabis companies," he said, "if they find out you're involved, it's going to       create a huge impediment on cross-border business and people."              Anyone hit with a ban can apply for a waiver to exempt themselves, which can       be a costly and lengthy process. But if they plan to continue to be involved       in the cannabis industry, there's no point anyway, Saunders says.              "If you get it approved and you're still involved in that industry, there's a       very good chance you'll get it taken away," he said.              It's not immediately clear what level of involvement would constitute       ownership in a marijuana company.              The three most active shares on the TSX on Friday were marijuana companies.       The most active, Aurora Cannabis, saw more than 14 million shares change hands       in the first hour of trading — more shares than were traded in all five big       banks, and Rogers,        Bell, Telus and Suncor put together.              As members of the main TSX index, marijuana companies such as Canopy Growth,       Aphria, Aurora Cannabis and others are included in hundreds of mutual funds       and ETFs, which means owners of those funds are technically investors in       marijuana, too.              Shares in all those companies seesawed on Friday as gloom set in over the       sector. All the big names plunged at open, before recovering later in the       morning.              The two biggest pot companies — Canopy Growth and Aurora — saw their       shares fall 14 and nine per cent, respectively, on Thursday, the day the       Politico report came out.       _____________________________________              Time to snap up some more shares in pot-growing companies . . . . may as well       make some money while not traveling to the not-so-great-anymore Disjointed       States of America.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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