I normally avoid even discussing OTC securities; however, I’m curious about the possibility of a handful moving to respectable exchanges.
There are a lot of OTC weed stocks for US companies. The only real big gain opportunities when / if the US legalizes are in these stocks which are based in the US. Part of the reason most of the public companies in US weed are OTC is because of the legal status and banking restrictions.
It seems like legalization will provide an opportunity for some of these OTCs to move to a regular exchange. This is the core of the topic I’d like to discuss.
Hard to guess which ones might become viable after legalization.
Any well formed thoughts about the US market as a whole and how/if we might have some good prospects? Would love to see even just one OTC move to a major exchange and get enough volume to have options trading for it.
Anyone done any research on this yet?
Submitted February 23, 2021 at 01:51PM by trailstrider https://ift.tt/3dBUykt
