Medical Marijuana investments

ATC_av8er

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A number of medical marijuana companies are now listed on the NYSE. Is anyone familiar with the regulations pertaining to federal employees owning stocks of ETFs in this industry?
 

GMX

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It seems a little hazy, right?

DOT Standards of Ethical Conduct prohibit employees from holding financial interests that conflict with the performance of duty. I mean smoking weed could affect one's performance of duty, but would owning stock in a company or being part of a fund that has a company among many that relates to the medical marijuana industry affect duty? We can't bring legal/licensed firearms to the workplace but do you think any TSP funds don't include any major firearm manufacturers? I'm sure there are large brewing companies in TSP funds as well.
 

MJ

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It means a conflict of interest, not the physical ability to do your job. Unless you're giving drug runners operational priority, there's no conflict of interest.
 

GulfCharlie

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A number of medical marijuana companies are now listed on the NYSE. Is anyone familiar with the regulations pertaining to federal employees owning stocks of ETFs in this industry?
I do most of my stuff out of Canada (ACB and several others) it is a nice little hobby, but recently due to the lack of upward mobility I have been playing with copper/lithium and a few others.
 
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