• Canadian Cannabis Investors Could Be Banned From U.S. for Life, Immigration Experts Say

    11 days ago - By Fortune

    Canadians about to enjoy legal marijuana, or even investors in the sector, could be in for a new headache at the U.S. border.
    Border guards have broad powers to question Canadians on their current and past drug use and could declare users inadmissible, perhaps for life, immigration experts say. U.S. officials also warn any form of participation in the sector could also see someone turned away, signaling potential headaches for investors.
    Canada is due to legalize recreational use of the drug on Oct. 17, but it is still illegal under U.S. federal law, despite major states like Colorado and...
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  • Canadian cannabis companies are getting creamed after report says workers may face lifetime travel ban to US

    Canadian cannabis companies are getting creamed after report says workers may face lifetime travel ban to US

    11 days ago - By Business Insider

    A report out Thursday suggests workers in the Canadian cannabis industry could face a lifetime ban on travel to the US.
    Shares of Canadian cannabis companies were down as much as 15% on the news.
    Ballooning valuations have caused these companies to come under more scrutiny of late.
    Watch Tilray , Canopy Growth , and Cronos trade in real time.
    Canadian cannabis companies were under pressure Friday morning following a report suggesting workers may face a lifetime ban on travel to the US.
    A Politico report published after markets closed on Thursday, citing a senior official overseeing US...
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