Canadian CANNAINVESTOR Magazine April 2017 - Page 46

Retail Investor's Perspective

For those of you who are subscribers to the US CANAINVESTOR Magazine, welcome to the Canadian edition. For those who subscribe to the Canadian edition only, I encourage you to also subscribe to the US edition. Why is that? As per a recent article in the Financial Post, Canada is at least three to four years ahead of any other country with respect to the legalisation of marijuana. There are those who feel that that the industry in the USA is even further behind. US investors can potentially mitigate some of the risk through diversification into Canadian companies. Seeing how the Canadian investment landscape unfolds may also provide clues as to what companies in the US market could excel. Similarly, Canadian investors can consider investing in USA companies and subscribing the US edition of CANNAINVESTOR Magazine ensures current relevant investment information. It will be interesting to see the similarities and differences between the two countries as time passes with respect to the legal Cannabis industry and the legal Hemp industry. Canadian Companies operating in States where it is legal - CANNAINVESTOR Magazine will be discussing these companies in the months ahead.

This, the Canadian edition, will also have tax and investment information unique to the Canadian Retail Investor – investment accounts, foreign investments, TFSA, RRSPs, and so forth. There will also be discussion on a topic that tends to be first and foremost on the minds of many – how can I claim the medical marijuana prescription costs on my taxes and/or for medical benefits?