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Want to invest in Cocaine ?

JuanGoodman

Goldmember
Jun 29, 2019
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British Columbia-based cannabis company Adastra Labs has been approved by Health Canada to possess, produce, sell and distribute cocaine, psilocybin and psilocin. The company received its Controlled Drug and Substances dealer's license for the psychedelics in August, according to a news release.


Adestra Labs is trading on the stock market.

It's ticker is XTRX.

Today XTRX opened at $1.06 and went as high as $2.00. Could have doubled your investment in one day :)

 
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JuanGoodman

Goldmember
Jun 29, 2019
3,425
2,179
113
And you could have lost it all the very next(trading) day. 😒
Yup, amazing that our government gave even a weed growing license to such a shady company.

Apparently the initial claim that the company had the right to sell cocaine was not true and the retraction was published after the initial pump and dump.

https://financialpost.com/investing/cocaine-checkered-path-vancouver-penny-stock-adastra-labs

There is already a law suit in the making.

" The stock price’s quick rise and fall has prompted Vancouver law firm Slater Vecchio LLP to file a proposed class-action lawsuit in B.C. Supreme Court against Adastra for “inaccurate and careless representations related to their ability to legally sell cocaine,” which “artificially inflated the company’s stock value.” The lawsuit’s allegations have not been tested or proven in court and Adastra did not immediately respond to queries from the Vancouver Sun, which reported the filing, nor the Financial Post. "

Talk about fake news.
 
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